Our Industry Articles

Between 2016 and 2019 Boeing spent $40bn on share buybacks – money that could otherwise have been invested into capex.

The failure of public services provides an opportunity for local companies to partner with the government to assist in addressing socio-economic issues

Creditors of a company, acting in the public interest, can now approach the High Court to have directors of such a company declared delinquent.

Transnet and fruit exporters at Cape Town’s port are finally getting the structure in place to address operational issues in real-time.

The business rescue plan for the SA Post Office estimates 6,000 workers – more than half the current workforce of 11,038

Tens of thousands of people reliant on the sugar industry for their living can rest easier after Tongaat’s business rescue plan was finally accepted

With ABSA’s PMI rising 2.7 points to 50.9 index points – above the neutral reading of 50 – in Dec, we’re hoping for the best in 2024.

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

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

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

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

Work still needs to be done to boost the effectiveness of legislation aimed at curbing money laundering and terror financing

SA’s biggest steel producer, ArcelorMittal SA says 3500 jobs may be affected as it embarks on a section 189a process to wind down Newcastle Works

The High Court put out a ruling for creditors in business rescue, saying that they can’t vote on rescue plans for companies they’re investing in.

Transnet needs significant investment in infrastructure and has to become massively more efficient.

With record-high insolvencies in Oct, top SA bankers and restructuring experts are now also predicting a deluge of insolvencies come April/ May 2024.

Delisting is not isolated to SA; it is a global phenomenon. It is important to keep in mind that listing activity is driven by market sentiment