News

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

There’s still no reason to celebrate SA’s employment rate improvement, given that almost a third of citizens remain jobless.

What would you tell your younger self about growing a business? Here’s what one CEO discovered before restructuring.

WeWork’s restructuring will not affect SA, says owner SiSebenza who adds the local business is strong and committed to investing in future growth.

Amendments to the Companies Act, a proposal to gouge out a crucial section granting appraisal rights spells trouble for minority shareholders.

Tongaat’s BRPs have had difficulty releasing its statements as auditors wouldn’t sign off that Tongaat was a going concern.

Listen to this podcast on 702’s Early Breakfast with Africa Melane about how Business Rescue works