Good debt vs. bad debt: Know the difference

Credit to Author: Shalini Dharna| Date: Wed, 27 Sep 2023 02:01:37 +0000

As children, we have been told to avoid debt, save money, and invest wisely. But the reality is that not all debt is bad! Not all debt is created equal and sometimes the risk with debt is worth it for the potential return on investment.

The post Good debt vs. bad debt: Know the difference first appeared on Canadian Immigrant.

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Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’

Credit to Author: Sonal Patel| Date: Thu, 24 Oct 2019 14:32:17 +0000

The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.

Eskom, South Africa’s state-owned utility that produces nearly 90% of the African powerhouse’s electricity, is saddled with liabilities, unavoidable expenses, and stranded costs that exceed $113 billion, and for various reasons, it is “fundamentally insolvent, permanently impaired, and will never be a true going concern enterprise under its current legal, operational, and governance structure,” concludes […]

The post Restructuring Report: Eskom ‘Fundamentally Insolvent, Permanently Impaired’ appeared first on POWER Magazine.

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China’s largesse in Tonga threatens future of Pacific nation

Credit to Author: Dennis Maliwanag| Date: Thu, 11 Jul 2019 06:55:42 +0000

China's largesse in Tonga threatens future of Pacific nation

The days unfold at a leisurely pace in Tonga, a South Pacific archipelago with no traffic lights or fast-food chains. Snuffling pigs roam dusty roads that wind through villages dotted with churches.

The post China’s largesse in Tonga threatens future of Pacific nation appeared first on Inquirer News.

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