In the news for the last week the focus was on the Tshwane City Council & Murunwa Makwarela who was mayor for only a few hours before it was revealed that he was declared insolvent which meant he didn’t qualify for the mayor’s office.
Many of you have asked when is one considered insolvent and how do we go about declaring insolvency in the country.
We’ll be looking at that and possible alternatives to this process next. The team was joined by financial wellness coach - Rose Nka-binde, COO at Financial Journey.