I had it easy with student debt – but Gen Z are completely screwed
Debt is a psychological and financial burden
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Debt
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Prosecution Raises No Objection to Kivumbi’s Sureties
[Nile Post] The prosecution team led by Assistant Director of Public Prosecutions Thomas Jatiko and Chief State Attorney Richard Birivumbuka on Monday raised no objection to the suitability of five…
Economy, Business and Finance
Rising Student Debt Sparks Concern As Universities Withhold Academic Records and Certificates
[Parliament of South Africa] Student debt has become a major concern affecting the whole post-school education system value chain. Everyone is affected, not just students and university administrations but also…
Debt Crisis Forces Malawi to Depend On Grants
[Nyasa Times] Malawi is increasingly depending on grants instead of loans from international lenders because of the country's growing debt crisis and weakening economy, the African Development Bank (AfDB) has…
Africa
Africa: 32 African Countries Now Spend More On Debt Servicing Than Healthcare – Experts
[Premium Times] One of the experts said Africa's debt crisis should not be viewed only through economic indicators but through its impact on ordinary citizens
HP News 9
2023 African Games: Auditor-General uncovers GH¢208m debt despite GH¢2.2bn expenditure
A comprehensive forensic audit conducted by the Ghana Audit Service into the organisation of the 13th African Games, Accra 2023, has revealed that a total of GH¢2.245 billion
Economy, Business and Finance
Nigeria: Airline Operators Reject NCAA Debt Claims, Seek Review of Ticket Charges
[Premium Times] The airlines say domestic carriers do not owe the NCAA for regulatory services, insisting payments are made before services are rendered.
Economy, Business and Finance
Nigeria: NCAA, Airline Operators Bicker Over Debt
[Vanguard] The Nigeria Civil Aviation Authority, NCAA, has suspended the enforcement of its proposed "no pay, no service directive against domestic airlines owing statutory charges.
Economy, Business and Finance
Southern Africa: SADC Pushes for Regional Self-Reliance Amid Energy, Debt and Migration Pressures
[SAnews.gov.za] Southern African Development Community (SADC) leaders have called for greater regional self-reliance, collective investment and deeper economic integration as the region confronts mounting geopolitical and economic pressures.
Economy, Business and Finance
South Africa: Mayor Snubs Soaring R6.8bn Eskom Debt in Disappointing Address
[Our City News] Much has been said about the R5,2 billion that the City of Joburg owes to Eskom. However, the reality is that the City's bill is much higher…
Angola
Ende Customer’s Debt in Zaire Province Estimated At 5bln Kwanzas
[ANGOP] Mbanza-Kongo -- The accumulated debt owed by customers to the National Electricity Distribution Company (ENDE) in the province of Zaire exceeds 5 billion kwanzas.
Debt
German borrowing costs surge as Iran energy shock starts to bite
'A first inflation wave is in full swing,' one analyst warned
Economy, Business and Finance
Swapo-Linked Hodago Attached Over N$7.5-Million Debt
[Namibian] The High Court has authorised the attachment and possible sale of shares in Swapo-linked Hodago Fishing over a N$7.5-million fish supply debt.
Javier Milei
Argentina’s Fitch upgrade seen opening narrow window for debt sale
Fitch Rating’s decision to raise Argentina's credit score is fuelling bets that the country will get another shot at tapping international markets. Leer más
Economy, Business and Finance
GIZ and Enpact Launch Venture Debt Programme in Egypt
[Daba Finance] GIZ Egypt and enpact have launched a new initiative to develop venture debt financing in Egypt, targeting both financial institutions and startup founders.