The government should amend the National Credit Act (NCA) to give debt counsellors the power to restructure more categories of debt, including unpaid bills for municipalities and fee-paying schools.

This could unlock R25bn in value for the South African economy, Benay Sager, chair of the National Debt Counsellors Association,  told Business Times. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.