Ghana bondholders must cut debt by 50% to match UK and China debt relief
Ghana’s bondholders must cut debt payments by 50% if they are to match the terms agreed by governmental creditors such as China and the UK. New figures released today by…
Climate vulnerable countries debt payments highest in three decades
Debt payments for the countries most vulnerable to climate change are set to hit their highest level in over 30 years. New figures released today by Debt Justice, calculated from…
Africa experiencing worst debt crisis in a generation
The majority of African countries spent more repaying external debts than on healthcare or education – and in some cases both – last year as the continent experiences its worst…
Online Event: Debt, colonialism and power
Both Ghana and Sri Lanka’s debt deals have collapsed in recent weeks, undermined by greedy private lenders who are refusing to cancel unjust debt. We’re facing the worst global debt crisis…
Private lenders reject a debt relief deal with Sri Lanka
Responding to reports that Sri Lanka’s bondholders have rejected a restructuring proposal, Heidi Chow, Executive Director of Debt Justice said: “Once again banks, asset managers and hedge funds are refusing…
Private lenders reject Ghana debt relief deal
Reacting to the news that Ghana’s bondholders have rejected a restructuring proposal, Bernard Anaba, Public Policy Specialist at the Integrated Social Development Centre (ISODEC) in Ghana said: “The breakdown in…
Trustee Vacancy
Deadline for applications: 9am on Monday 29 April 2024 This is a voluntary (unpaid) Trustee position, although expenses are available. Debt Justice is looking for new Trustees to join our…
Zambia reaches debt deal with bondholders
The steering committee for Zambia’s bondholders and the Zambian government have announced they have reached an agreement to restructure Zambia’s debt, which has been accepted by public sector creditors. Reacting…
Treasurer Vacancy
Deadline for applications: 9am on Monday 29 April 2024 This is a voluntary (unpaid) Trustee position, although expenses are available Debt Justice is looking for a Treasurer to support our…
Debt Justice Tree
This is a speech given by Cllr John Cotton, Leader of Birmingham City Council, at the tree planting ceremony in City Centre Gardens, Birmingham on 24 January 2024. Good morning…