After Nedbank agrees to write off poor people’s bond debts, Gauteng wants more The Gauteng department of human settlements wants SA's major banks to write off millions in debt owed by indigent homeowners on bond repayments.
The Gauteng department of human settlements wants South Africa’s major banks to write off millions in debt owed by indigent homeowners on bond repayments.
Khoza said his department was collecting data to determine the prevalence of indigent families losing their homes to debts. He said it was not clear how widespread the problem was in Gauteng, but that the complaints the department had received suggested the issue was urgent. “Basically, what we want is to sit with the banks, deal with them and have them write off some of those debts.”
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How portrayal of protest in South Africa denigrates poor peoplePoor people in South Africa often feel that the only way they can be heard is to protest. The past few days have shown that not even this gets them a hearing.
Read more »
How portrayal of protest in South Africa denigrates poor peopleMuch of the media have supported, denouncing the ANC for disrupting the calm of these cities in a cynical attempt to embarrass the main opposition party during the current national election campaign.
Read more »
How portrayal of protest in South Africa denigrates poor peopleCOMMENT: The consensus between parts of the media and the DA presents protest in South Africa as something abnormal, which must be organised by sinister forces if it is to happen at all.
Read more »
OPINION: How portrayal of protest in SA denigrates poor peopleProtests in the townships and shack settlements where most poor people live in Johannesburg, Tshwane and Cape Town are in the news.
Read more »
How portrayal of protest in SA denigrates poor peopleTo claim that protests are being organised suggests sinister motives. But all protest is organised. So are cake sales and shopping expeditions.
Read more »
How portrayal of protest in South Africa denigrates poor peopleHarping on the fact that a protest is organised is like noting that people won’t go to an event unless someone invites them. There’s no evidence that anyone has been forced to take part in the current protests, writes Steven Friedman.
Read more »
How portrayal of protest in South Africa denigrates poor peopleHorror at the fact that the protest was organised harks back to the apartheid period.
Read more »
How portrayal of protests in South Africa denigrates poor people | IOL NewsPoor people in South Africa often feel that the only way they can be heard is to protest.
Read more »
TS Galaxy shock Golden Arrows and make history by reaching Nedbank Cup finalTS Galaxy, the new National First Division team owned by former agent Tim Sukazi, have had a dream birth that will now be crowned by writing their name in the stars in a Nedbank Cup final.
Read more »
TS Galaxy shock Golden Arrows and make history by reaching Nedbank Cup finalTS Galaxy, the new National First Division team owned by former agent Tim Sukazi, have had a dream birth that will now be crowned by writing their name in the stars in a Nedbank Cup final.
Read more »
Winning the Nedbank Cup will make life easier, says Chiefs coach Ernst MiddendorpAmakhosi manager says he knew what the expectations were when he took up the job in December
Read more »