News

Stats SA data shows that the total number of liquidations decreased from 15.2% when comparing July 2022 and July 2023.

South African clothing retailers losing lustre in the face of Shein juggernaut   China-based ultra-low-cost...

With new hotels popping up, and confirmation that a new Club Med resort will be built soon near Durban

Tongaat’s business rescue practitioners announced that Kagera Sugar Ltd was selected as the preferred strategic equity partner.

Salungano Group announced its biggest subsidiary is facing both business rescue and liquidation today.

Mid-tier coal producer Ndalamo Resources is the front-runner to acquire the embattled Arnot OpCo coal mine.

Business Partners Limited finds less than one in 50 South Africans owns an established business.

Nampak has successfully finalised refinancing agreements with most of its lenders to escape from an unsustainable debt pile.

Research shows SA has one of the highest start-up failure rates in the world, with 70% to 80% of businesses failing within five years.

When you have to communicate a difficult organisational decision to employees

Tupperware has placed its industrial property and head office in Brakpan on the market for an undisclosed amount

Load-shedding has driven people to more takeaways, but the outlets are run at a huge cost

Less than two years after rescuing CNA from collapse, its owners are at loggerheads

According to the latest Stats SA data, nearly 4.1 million tourists visited SA in H1:2023 – up 78% compared to H1:2022

The government struggles to accept the concept of shutting down failed businesses. Business rescue is then chosen as a last resort