Debt Management
As Black Friday approaches, financial experts urge shoppers to resist psychological traps and plan budgets carefully to avoid debt. Last year's event saw South African spending surge, with FNB processing over R5.4 billion in transactions. Key advice focuses on preparation, impulse control, and using cash over credit.
Iniulat ng AI
Egyptian Finance Minister Ahmed Kouchouk has called for new mechanisms for sustainable debt management in low and middle-income countries and the reform of the global financial structure to turn debt into opportunities for investment and development. Speaking at a roundtable on finance and debt during an UNCTAD conference in Geneva, Kouchouk emphasized the need for UNCTAD to play a larger role in addressing developmental challenges and finding innovative financing solutions.