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Vulnerability caused by compliance: Section 129(7) of the Companies Act 71 of 2008 and the risk of being wound up

Vulnerability caused by compliance: Section 129(7) of the Companies Act 71 of 2008 and the risk of being wound up

by Engaged BT | Dec 13, 2023 | Engaged Business Turnaround

The spotlight on directors and compliance with their fiduciary duties often comes under scrutiny when a company finds itself in financial distress.

South Africa’s new state-owned company gets the go-ahead

South Africa’s new state-owned company gets the go-ahead

by Engaged BT | Dec 12, 2023 | Engaged Business Turnaround

The Cabinet has approved the Draft National State Enterprises Bill for tabling in Parliament – to create a new state-owned holding company to manage the finances of all our SOEs

Cabinet says yes to plan to break Transnet’s monopoly

Cabinet says yes to plan to break Transnet’s monopoly

by Engaged BT | Dec 11, 2023 | Engaged Business Turnaround

Cabinet has approved the Freight Logistics Roadmap which sets out the government’s guidelines for reforms in the sector

State’s bad record in paying businesses gets worse

State’s bad record in paying businesses gets worse

by Engaged BT | Dec 6, 2023 | Engaged Business Turnaround

Government departments’ ‘nonpayment’ of invoices to service providers hits more than R11bn.

Tongaat Hulett business rescue practitioners dump Kagera, submit new preferred bidders

Tongaat Hulett business rescue practitioners dump Kagera, submit new preferred bidders

by Engaged BT | Dec 1, 2023 | Engaged Business Turnaround

Tongaat’s BRPs have released a new rescue plan, proposing to sell the business to new buyers as the proposal by Kagera

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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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