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New laws bringing big changes for businesses in South Africa – what you need to know

New laws bringing big changes for businesses in South Africa – what you need to know

by Engaged BT | Aug 31, 2023 | Engaged Business Turnaround

The new Companies Amendment Bill has been tabled before parliament

Over 900 South African businesses have closed in 2023 – but there is a silver lining

Over 900 South African businesses have closed in 2023 – but there is a silver lining

by Engaged BT | Aug 29, 2023 | Engaged Business Turnaround

Stats SA data shows that the total number of liquidations decreased from 15.2% when comparing July 2022 and July 2023.

South African clothing retailers losing lustre in face of Shein juggernaut

South African clothing retailers losing lustre in face of Shein juggernaut

by Engaged BT | Aug 28, 2023 | Engaged Business Turnaround

South African clothing retailers losing lustre in the face of Shein juggernaut   China-based ultra-low-cost fast fashion retailers are putting the squeeze on local retailers – although Superbalist says its restructuring was not linked to competitor...
Betting on SA’s grand hotel recovery

Betting on SA’s grand hotel recovery

by Engaged BT | Aug 25, 2023 | Engaged Business Turnaround

With new hotels popping up, and confirmation that a new Club Med resort will be built soon near Durban

Bitter battle for sugar consortium demands answers from IDC over Tongaat Hulett sale

Bitter battle for sugar consortium demands answers from IDC over Tongaat Hulett sale

by Engaged BT | Aug 24, 2023 | Engaged Business Turnaround

Tongaat’s business rescue practitioners announced that Kagera Sugar Ltd was selected as the preferred strategic equity partner.

Junior miner Salungano suspended from the JSE

Junior miner Salungano suspended from the JSE

by Engaged BT | Aug 22, 2023 | Engaged Business Turnaround

Salungano Group announced its biggest subsidiary is facing both business rescue and liquidation today.

Arnot’s business rescue faces legal challenge

Arnot’s business rescue faces legal challenge

by Engaged BT | Aug 21, 2023 | Engaged Business Turnaround

Mid-tier coal producer Ndalamo Resources is the front-runner to acquire the embattled Arnot OpCo coal mine.

Why is entrepreneurship so undervalued in SA?

Why is entrepreneurship so undervalued in SA?

by Engaged BT | Aug 17, 2023 | Engaged Business Turnaround

Business Partners Limited finds less than one in 50 South Africans owns an established business.

‘Critical milestone’ as Nampak finalises most of its debt refinancing with lenders

‘Critical milestone’ as Nampak finalises most of its debt refinancing with lenders

by Engaged BT | Aug 15, 2023 | Engaged Business Turnaround

Nampak has successfully finalised refinancing agreements with most of its lenders to escape from an unsustainable debt pile.

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Recent Posts

  • Engaged BT’s Warren Castle and Enké De Roos Appointed to the TMA-SA Board: A Win for Business Rescue in South Africa
  • Navigating the South African Business Rescue Landscape: Key Insights from Our Recent Webinar
  • A Landmark Development: How the dedicated insolvency court will enhance business rescue in South Africa
  • When Is It Too Late for Business Rescue?
  • Rethinking Commercial Banking Restructuring: A Proactive Approach to Operational Turnaround – Mark Townsend, Executive Management

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