by Engaged BT | Aug 4, 2022 | Engaged Business Turnaround
The private sector shows solid improvement in July The S&P Global SA PMI released on Wednesday edged up to 52.7 from 52.5 and rose to a 14-month high in July, edging up to 52.7 from 52.5 the previous month. This is the strongest private sector growth since...
by Engaged BT | Aug 2, 2022 | Engaged Business Turnaround
Investors rescue Sigfox IoT network in South Africa. Major companies in SA, including Discovery and Fidelity ADT, have banded together to save the Sigfox internet of things network. This comes a year after Remgro’s CIVH effectively pulled the plug on Sigfox...
by Engaged BT | Aug 1, 2022 | Engaged Business Turnaround
Ellie’s turnaround plan is to position it for a greater share of the alternative energy market. Ellies says it will launch an “ambitious turnaround” plan over the next 18 months to move into new areas like tendering for public sector alternative energy...
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...
