Post Office applies for business rescue in effort to save ‘essential service’
One could argue that business rescue is the best way for failing SOEs to go for rehabilitation – provided the heart of the business is still beating…
The frightening issues of compulsory audit firm rotation
In SA, we’re only too familiar with accounting scandals. As a remedy, IRBA decided companies must rotate their auditors every few years.
Opportunities for Private Equity in Business Rescue
The role of private equity in business rescue and restructuring is to return companies to a healthy position of solvency.
Steinhoff shareholders reject restructuring
Almost 90% of Steinhoff shareholders have rejected the restructuring deal that aimed to prevent bankruptcy
Eskom bailout legislation passes in the House
Eskom received parliamentary approval for its R254bn bailout after the House
Load shedding may be boosting Famous Brands, but it expects tough times ahead
Following Covid, load shedding is creating another new round of economic stress for SA businesses
South Africa’s biggest retailer now has enough solar panels
Shoprite says it aims to power 25% of its operations with renewables in the next five years and to meet emission reduction targets
Podcast: Mega malls up for sale in Rebosis business rescue
Rebosis Property Fund, the first major black-owned REIT to list on the JSE over a decade ago, is in business rescue.
The Finance Ghost: Pain for Transaction Capital and Quantum shareholders
Running a business during load shedding is like trying to run a marathon on the potholed Joburg roads