Ukrenergo Restructures $825 Million Debt: How This May Affect the Electricity Tariff

The completion of the operation is expected to help minimize the burden on the electricity transmission service tariff. NEC “Ukrenergo” has initiated a debt management operation for its sustainable development bonds, totalling US$825 million. This was made possible after the government, at the Ministry of Energy’s suggestion, approved a resolution to provide a state guarantee…

Trade Expert Urges Africa to Exit Debt Cycle Through Economic Transformation

Jane Nalunga, executive director of the Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) NAIROBI, Kenya — African countries must move beyond managing public debt and focus on transforming their economies to permanently escape the continent’s debt cycle, a regional trade expert has said, writes Winston Mwale. Jane Nalunga, executive director of the…

City of Windhoek opens debt relief registration for eligible residents

The City of Windhoek has announced plans to write off outstanding municipal debts for eligible residents, launching a verification and registration drive to identify qualifying households. The debt relief scheme targets specific vulnerable groups, including pensioners, deceased estates, and individuals registered under destitute status. To qualify for consideration, eligible residents must submit certified supporting documentation,…