May 16

• Announcement of U.S.$8 Billion Loan From China Draws Skepticism

  Sudan Tribune

  The announcement made by South Sudan last month of an $8 billion loan from China appears to have been overblown, according to officials in Juba as well as diplomats. Read more »

• ZRFU Choking With Debt

  Times of Zambia

  THE Zambia Rugby Football Union (ZRFU) says that it incurred a staggering K452 million debt from the previous executive dating from 2007 to 2011. Read more »

May 14

• DBZ Denies Writing Off K14 Billion Debt

  Times of Zambia

  THE Development Bank of Zambia (DBZ) says it has never received instructions from any quarters to write off the money which is subject of a case involving the bank versus JCN... Read more »

May 11

• Over a Billion Owed to National Health Laboratory Services By Provinces

  West Cape News

  The National Health Laboratory Service (NHLS) yesterday complained in Parliament that the KwaZulu-Natal provincial health department is failing to pay R1,2 billion owed for... Read more »

• Govt Owes Gulu Varsity One Billion

  Observer

  The fate of Gulu University's 200 State House-sponsored students is still in balance with the varsity's top brass claiming that government has failed to pay an accumulated debt of... Read more »

May 10

• Auto Firms Threaten to Withdraw Palliatives Buses Over Huge Debt

  Vanguard

  The Federal Government's inability to pay suppliers of the 2,500 high capacity buses it ordered as a palliative measure to cushion the effect of the January increment in fuel pump... Read more »

• PM - Foreign Debt Down By Two Billion

  Egypt Online

  During a press conference following a Cabinet meeting on Wednesday 9/5/2012, Prime Minister Kamal el-Ganzouri said the government has taken 120 decisions related to many aspects of... Read more »

• Kilonzo Hammer Set to Fall On Mututho Property

  The Star

  A Nairobi-based law firm has been given the go-ahead by the High Court to recover a debt of Sh5.2 million owed to them by Naivasha MP John Mututho. Kilonzo and Company advocates... Read more »

May 9

• Cote d'Ivoire Set to Achieve Completion of IMF-Backed Debt Relief Initiative By the End of June [press release]

  U.S. Embassy Abidjan

  "Cote d'Ivoire is on track to achieve completion of the IMF-backed Heavily Indebted Poor Country (HIPC) scheme by the end of June," says a front-page headline in L'Intelligent... Read more »

• Yongo Files Complaint Against Ahmednasir

  The Star

  A Nairobi debt collector Brian Yongo wants Judicial Service Commission member Ahmednasir Abdullahi struck off the roll of advocates. He has written to the Advocates Complaints... Read more »

May 7

• Partnership Launched to Improve Financial Services for Millions [press release]

  IFC

  IFC, a member of the World Bank Group, and The MasterCard Foundation today launched a partnership to increase access to financial services for an estimated 5.3 million people in... Read more »

• Council On Debt Recovery Exercise

  Zimbabwe Standard

  Several manufacturing companies owing Mutare City Council money because of unpaid rates and supplementary charges are set to appear in court soon after the local authority embarked... Read more »

May 4

• Country Clinches U.S$12 Million Loan for Kalabo-Sikongo Road

  Times of Zambia

  THE Zambian Government has signed a loan agreement of US$12 million (about K63 billion) with the Saudi Fund for Development for the Kalabo-Sikongo-Angola border road project. Read more »

• Amcon to Recover Debts in Two Years - MD

  Daily Trust

  The Asset Management Corporation of Nigeria (AMCON) is set to recovery all its debts in the next two years, its Managing Director and Chief Executive Mustapha Chike Obi said... Read more »

May 2

• Government Offices Owe Malindi Water Firm Sh12million

  The Star

  Three government institutions owes Malindi Water and Sewerage Company more than Sh12 million. Read more »

May 1

• Country Least Indebted Developing Nation - PDP

  Leadership

  The Peoples Democratic Party (PDP) has said that Nigeria, against what it termed the misinformation by the Action Congress of Nigeria, ACN, is still one of the least indebted... Read more »

April 30

• Media Disinformation On Government Debt Accumulation

  Vanguard

  In the same manner that the Judiciary is regarded as the last hope of the common man, so also the Media has often been described as the voice of the people, but the role of the... Read more »

April 29

• The Toxic Debt Overhang [opinion]

  Financial Gazette

  Borrowing, or leveraging as it is known in business circles, is a timeless means by which a party without current means is able to consume or acquire something, with the intention... Read more »

April 27

• NNL Recover N12 Million Debts

  Daily Trust

  The Nigeria National League (NNL) have recovered about 12 million Naira owed players and coaches by clubs, officials have announced. Read more »

April 26

• Government Cannot Force Treasury Debtors to Pay

  AIM

  The Mozambican government has no mechanism whereby it can force companies who owe money to the Treasury to pay up, claims Finance Minister Manuel Chang. Read more »

• Finance Minister Pleads for Debt Relief and Investors [press release]

  U.S. Embassy Abidjan

  An article in Le Nouveau Courrier (p. 4) informed readers that Ivorian Finance Minister Charles Diby Koffi is heading a delegation attending the IMF and the World Bank annual... Read more »

• ZESA Pays U.S.$10 Million to Hydro Cahora Bassa

  The Herald

  ZESA Holdings yesterday paid US$10 million to Hydro Cahora Bassa as the power utility battles to clear its debt to the Mozambican company. Read more »

April 25

• KCCA Denies Owing Makerere Sh578 Million

  New Vision

  The Kampala Capital City Authority (KCCA) has dismissed claims that it owes Makerere University sh577.9m which was purportedly wrongfully deducted from the university's account as... Read more »

• The Street Lights and Council Debts

  Foroyaa

  The availability of street lights is a sign of modernization which many Gambians find attractive. However, few people know that the lights are costing the councils millions of... Read more »

April 24

• Man Killed Over Sh20 Debt

  The Star

  A man who allegedly killed another over a Sh20 debt at Chebara village in Marakwet West has been arrested. The 34-year-old man is alleged to have followed his victim after he was... Read more »