by Engaged BT | Jul 29, 2022 | Engaged Business Turnaround
Ways to Innovate in a Downturn The sense that a recession is coming is growing. If it does, will it cause innovation to slow? Not necessarily. History shows recessions create specific opportunities. READ MORE
by Engaged BT | Jul 28, 2022 | Engaged Business Turnaround
From one foot in the grave to buried. What does the law say about converting business rescue proceedings into liquidation? Cliffe Dekker Hofmeyr Inc explains the obligation that the Companies Act puts on BRPs to admit defeat when there is truly no prospect of...
by Engaged BT | Jul 26, 2022 | Engaged Business Turnaround
Edgars’ second chance? A big part of Retailability’s strategy for Edgars’ growth, following its business rescue two years ago, is in e-commerce, as customers are increasingly opting for convenience. Its partnership with Pargo means...
by Engaged BT | Jul 22, 2022 | Engaged Business Turnaround
There’s a new Game in town It’s been two years in the making, but Massmart this month relaunched its ailing Game brand, after a lengthy business turnaround. So, if Game has reduced its losses by at least half, and looks on track to keep the trend going,...
by Engaged BT | Jul 21, 2022 | Engaged Business Turnaround
Directors and business rescue practitioners – the Companies Act rewards you for honesty and acting reasonably What defences do business rescue practitioners have when faced with claims of negligence? Find out in this Turnaround Talk article from Colin Strime of...
by Engaged BT | Jul 19, 2022 | Engaged Business Turnaround
Consumers face headwinds, but the SA economy remains in growth mode. Dr Roelof Botha always provides a balanced and authoritative perspective on SA’s economic and political outlook. Here’s his take on why we’re not heading for a recession. READ...
by Engaged BT | Jul 18, 2022 | Engaged Business Turnaround
Ramaphosa’s Eskom 2.0 is a dog whistle to the left Is the door to private sector participation in the state sector opening again? “With the drastic deterioration in public infrastructure and the desperate need for private sector capital and expertise it...
by Engaged BT | Jul 15, 2022 | Engaged Business Turnaround
Laid-off CNA staff still waiting for payouts due to acquisition delay. CNA’s business rescue practitioner says the process will be concluded shortly with a better outcome than with liquidation. The process of signing settlement letters with each employee...
by Engaged BT | Jul 14, 2022 | Engaged Business Turnaround
Transnet signs loan deal with international banks worth over R25bn SOE Transnet has agreed to a 5-year loan with international lenders, led by Deutsche Bank, in its biggest funding transaction in 7 years to refinance existing debt and fund its expansion...
