News

Cinema group Ster Kinekor has successfully exited business rescue and has returned to solvency after 20 months.

SAPO is pressing ahead with the second phase of retrenchments in which it aims to slash at least 600 more jobs

The state-owned lender is profitable again. The Land Bank is lending money again…

SA’s goals for COP27   If SA's JET investment plan at COP27 succeeds, this will require a huge investment in...

SA’s economy is struggling. A number of factors are behind the decline – severe power cuts, rising inflation

Tongaat is another cautionary tale to investors in any overindebted company

Sibanye-Stillwater has entered consultations with organised labour and affected stakeholders

The construction sector’s big hope for recovery rests in the infrastructure development plan

Some fruit growers are looking to export produce using air freight to evade ongoing backlogs at Transnet.

Tongaat’s lenders have not approved its restructuring plan, and the sugar producer has appointed Metis Strategic Advisors

Over 1,400 SA businesses have been liquidated in 2022 so far, with 170 more recorded in Sept, Stats SA has found.

Transmed Medical Scheme has failed to maintain its solvency ratio at or above 25%, the minimum statutory prescribed level in the Medical Schemes Act.

Financially troubled investment holding company Afristrat is facing a high court bid to provisionally liquidate the company.

Grit Real Estate Income Group is raising R5.5bn in a sustainability-linked debt deal arranged by Standard Bank and other SA lenders.

The firm unpacks dispositions without value, and how Section 26 of the Insolvency Act 34 of 1926 acts as a protective barrier for creditors