SAN ANTONIO – For many, tax returns are the biggest financial boost people look forward to each year.

But with the current economy, many are choosing to play it safe with those returns.

Michelle Herrera said in years past she would have considered splurging on her returns, but not anymore.

“We probably would have thrown in a vacation or something fun, but given the times right now, I think everybody’s trying to go the safe route, so saving is probably the best option,” she said.

Josh Garcia said it’s tempting to spend when receiving the check, but people should hold back.

“Nowadays, you got to save your money and watch your expenses,” he said.

Dawn Wood learned the importance of financial planning when her husband of 28 years…

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) is collaborating with the Federal High Court to enhance the efficiency of insolvency procedures, as part of efforts to strengthen business recovery processes in the country.

The President of BRIPAN, Mr. Chimezie Ihekweazu, SAN, disclosed this in Abuja during a courtesy visit to the Chief Judge of the Federal High Court, Justice John Tsoho.

Ihekweazu said that the collaboration is aimed at enhancing business recovery administration.
He said that the association had been looking for ways to bring ailing companies back to life, adding that establishing a solvency unit was a breath of fresh air as it would go a long way in ensuring the survival of…

Dear Editor

Abbasi’s article presents a clear and morally compelling argument: both low-income countries trapped in debt crises and medical graduates burdened by substantial loans face inequitable financial obligations that hinder development, exacerbate inequalities, and harm health and well-being. The concept of “extraction deficits” introduced in the article underscores the historical and climate-related reparations owed by affluent nations to former colonies and enslaved nations, suggesting that these debts far surpass the current external debts.

China, as a developing country, deeply understands the challenges faced by others, shaped by its own history of Western exploitation and economic subjugation. This…

The society says the move is designed to help homeowners looking to manage their finances through remortgaging.

In addition, gifted deposits will be accepted on credit repair cases to help more families support loved ones with their homeownership plans.

Further updates include standardising downsizing criteria across the UK, with a minimum equity requirement of £200,000 regardless of location, and removing the maximum age limit on…

Vanadium producer Bushveld Minerals (Bushveld) is being put into liquidation and will be delisted from the London Stock Exchange’s AIM market where its share price has crashed from around 30p five years ago to the current 0.3p.

This follows a decision by the Bushveld board of directors that Bushveld “has liabilities due that it cannot pay and does not have the means to continue to operate.”

As a result of the decision to put the company into liquidation Bushveld’s Nomad (nominated advisor) SP Angel Corporate Finance said it intends resigning its position.   AIM rules are that if a replacement Nomad is not appointed within one month Bushveld’s listing on AIM will be cancelled.

The Bushveld directors…

A company that once operated a popular South Dunedin tavern has been liquidated, leaving behind more than $100,000 of remaining debt.

Akuhata Ltd was put into liquidation in February last year, with Trevor and Emma Laing appointed liquidators.

The company was incorporated in November 2020 for the purpose of purchasing a tavern operation from a leased premises in Dunedin, The Kensington Tavern, the liquidator’s first report said.

The business was placed on the market in 2023 and an agreement for sale was entered into and settled on in January last year.

Payments to secured creditors were made from the sale funds, but the balance available was not sufficient to satisfy all other creditors in full, it said.

The liquidator’s final…

The Federal High Court has partnered the Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) to enhance the country’s business recovery and insolvency framework, aiming to improve the efficiency of insolvency procedures in Nigeria.

Insolvency law provides a legal framework for managing the financial affairs of individuals and companies facing such situations.

Chimezie Ihekweazu, SAN, President of (BRIPAN), stated this on Monday in Abuja during a courtesy visit to Justice John Tsoho, the Chief Judge of the Federal High Court.

Ihekweazu emphasised that the collaboration was focused on strengthening the administration of business recovery processes and improving…