Johannesburg offers relief to struggling households on municipal debt

From 22 April, until 31 May, the City of Johannesburg is rolling out a relief measure for financially strained households. Under this plan, residents can settle only 10% of their total municipal debt when arranging payments, marking a significant reduction from previous requirements. Kgamanyane Maphologela, Director of Customer Communications at the City’s Group Finance Department, … Read more

Janet Yellen in China: US treasury secretary aiming to keep trade relations on firmer footing

US Treasury Secretary Janet Yellen arrived in the southern Chinese city of Guangzhou on Thursday for the first leg of her week-long trip aimed at helping manage the trade relations between the world’s two largest economies. Yellen, who arrived in Guangzhou just after 6pm local time, media reports said, was greeted by China’s vice-minister of … Read more