News

We are proud to announce that two of our senior leaders, Warren Castle and Enké De Roos, have officially been...

In the recent webinar, we explored the crucial role of stakeholders within the South African business rescue...

In today’s challenging economic climate, businesses often face financial distress, requiring structured intervention...

The only thing a business owner or management team fears more than business rescue is liquidation. This inherent fear of temporarily relinquishing control and seeking help often results in last-minute, crisis-driven decisions.

In the realm of commercial banking, particularly in South Africa, a prevailing approach has been to primarily focus on the legal processes of debt recovery and balance sheet restructuring when businesses encounter financial distress.

A “director” of a company, as defined by the Companies Act, encompasses any individual who serves on the board.

Whether a business is sold as part of a business rescue (BR), there is inevitably a transition phase which will follow.

To fix a company properly, in the long run, is through an intensive operational turnaround process.

After almost 6 months of intensive turnaround work, EngagedBT published a draft Business Rescue plan for SGB-Smit Power Matla

When a business is struggling there is another way to address financial distress, restructuring.

Afrisat has been forced to abandon its planned voluntary liquidation application for now.

According to Allianz Trade’s Global Insolvency Report insolvencies in SA have reached a record low.

Salungano Group has advised that another subsidiary, Keaton Mining, has filed for business rescue.

The Port of Cape Town, which has suffered shipping delays, endemic inefficiencies and equipment failures,

Transnet’s creditors are putting pressure on the Treasury to give the state-owned logistics company a bailout…