debt collection News

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• Standard Bank Denies Viral Allegations of Gunman Intimidation and Fraud Over Historic Luxury Vehicle Financing Dispute

  Published: Mar 29, 2026

  Section: Africa

  Standard Bank has issued a formal rebuttal against social media claims alleging that the institution employed armed men to harass a client and their family. The bank characterized...

• EThekwini Municipality Faces R79 Million Debt Crisis as Hundreds of Employees and Councillors Fall Behind on Payments

  Published: Mar 26, 2026

  Section: Africa

  A February 2026 debt collection report reveals that thousands of municipal staff and dozens of councillors owe millions in unpaid rates and services. The city is initiating aggress...