Tag: bad debt
Trade & insolvencies – impact of macro-economic & geopolitical dynamics
With an economic growth forecast of only 1.6% over the next three years for South Africa, businesses are facing a tough trading environment, exacerbated by the impact of geopolitical tensions, disruptive new technologies, persistent weather catastrophe threats and failing public infrastructure and services.
Starting again #4: Did I learn from the past?
Many entrepreneurs will have no option but to close down their businesses. With the ravaging effects COVID-19 has had on the economy, formal employment may not be an alternative for many. Starting again is the only choice available for these entrepreneurs.
Not all debt is equal: understanding the good, the bad, and...
Over the years, debt has gotten a pretty bad rap – and often for good reason. But it’s important to remember that not all types of debt should be painted with the same brush, and that there is such a thing as good debt. Knowing the difference between good and bad debt is crucial to wealth creation.
