Credit

South Africa’s Debt Relief Programme has Significant implications for Indebted Consumers and Banks

When South Africa went into a national lockdown on 27 March 2020, no one fully comprehended the deep, complex and devastatingly profound consequences it would hold for individuals, businesses and entire industry sectors.

Three options for debt trapped South Africans

Even before the COVID-19 pandemic, South African consumers were up to their ears in debt, owing a staggering R1.9 trillion at the end of 2019.

How to help clients deal with bad debt

United States: Two-speed business bankruptcies