by Engaged BT | May 12, 2022 | Engaged Business Turnaround
After the ANC government’s many failures, will it be big business to the rescue? The ANC’s position is that South Africa has a “mixed” economy in which the government runs certain parts of the economy while the private sector runs other parts of it. Over the past few...
by Engaged BT | May 10, 2022 | Engaged Business Turnaround
Game launches new online store as it takes aim at the delivery market in SA Massmart-owned retailer Game has launched a new online store which it says forms the next step in its turnaround strategy. This is part of an aggressive digital push to reclaim lost...
by Engaged BT | May 9, 2022 | Engaged Business Turnaround
What South Africa’s highest inflation in five years means for your budget SA consumer price inflation is now 5.9% – the highest since 2017, which will impact the cost of doing business. This marks a distinct change. In recent memory, inflation in most...
by Engaged BT | May 6, 2022 | Engaged Business Turnaround
SMEs make massive pandemic recovery Here’s some good news for a change! Nearly two-thirds of SA SMEs reported growth over the last year, although they still face challenges, research from Xero and World Wide Worx has found. READ...
by Engaged BT | May 5, 2022 | Engaged Business Turnaround
Boards of distressed companies overlook notice rules at their peril Is it appropriate for directors to let a company keep trading while in financial distress? Werksmans Attorneys warns that non-compliance with section 129(7), putting stakeholders on notice,...
by Engaged BT | May 3, 2022 | Engaged Business Turnaround
SA hotels want municipal rates to be lowered – to help with the post-lockdown recovery According to the Tourism Business Council of SA, the tourism sector lost 470,000 jobs due to Covid-19 with only 37% of employees receiving 100% of their salaries in Feb 2022....