A New Debt Deal for Africa: Breaking the Vicious Cycle

Executive Summary African leaders face a difficult challenge: fostering development by accumulating debt for future generations to carry, or raising taxes and facing widespread discontent, protests and even risks of democratic instability. Making tangible improvements to their citizens’ lives requires significant investment in infrastructure, health care, education and economic competitiveness, but public resources are constrained…

Westpac NZ launches competitive debt consolidation loan

Survey insights on financial health  A recent Westpac survey of 1,093 customers highlighted a concerning trend, with 24% indicating that holiday expenses might cause financial strain, and 14% considering taking on debt to cover upcoming costs.   The findings underscored the challenges faced by many as they enter the new year, dealing with the aftermath of…