Insolvency Guardian Media Centre

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DAKAR, Dec 18 (Reuters) - Gabon is planning to introduce a new housing tax in January to finance the Central
Hitherto undecribed shareholding could help GN out of debt crisis  medwatch.com Read the original article here
Mineral Commodities Ltd Under Voluntary Administration Amid Financial Challenges  TipRanks Read the original article here
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Long-established Bristol windows company enters liquidation - rising costs significantly impacted profitability  Insider Media Ltd Read the original article here
Embassy Developments clarifies absence of IBC proceedings  Construction Week India Read the original article here
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The operator of a Sunshine Coast strawberry farming business that went into liquidation has been ordered to pay more than
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DAKAR, Dec 18 (Reuters) – Gabon is planning to introduce a new housing tax in January to finance the Central African oil-producing country’s needs as its debt continues to rise.

The country is facing an acute squeeze on liquidity that has left it increasingly reliant on regional capital markets.

Authorities are working on a tax that will be paid monthly by an owner of a dwelling or a tenant, special adviser Marie-Noelle Ada Meyo said on the Gabon presidency’s social media.

Gabon’s treasury will use the funds to improve public lighting, road maintenance and city cleanliness, Ada Meyo said.

The contribution will vary depending on the area between 1,000 ($1.80) and 30,000 CFA francs…

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Hitherto undecribed shareholding could help GN out of debt crisis  medwatch.com

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Mineral Commodities Ltd Under Voluntary Administration Amid Financial Challenges  TipRanks

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Long-established Bristol windows company enters liquidation – rising costs significantly impacted profitability  Insider Media Ltd

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Embassy Developments clarifies absence of IBC proceedings  Construction Week India

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The operator of a Sunshine Coast strawberry farming business that went into liquidation has been ordered to pay more than $1.1 million to a labour hire company.

In a Supreme Court decision delivered on December 12 after hearings in May and July, Judge John Muir found in favour of Star Recruitment Service Pty Ltd, which supplied workers to pick and pack strawberries on the farm near the Glass House Mountains.

Star entered into a service agreement with GG Group (QLD) Pty Ltd in February 2020 to provide workers to the farm but claimed more than $1.63 million in invoices went unpaid between August 2020 and November 2021, before the company went into liquidation in December 2021.

The proceedings concerned Star’s claim that GG Group,…

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