News

The entire SA ecosystem may feel quite sombre at the moment but in many ways, the local economy has been more resilient

92% of SA CFOs feel the overall level of external financial & economic uncertainty facing their business is high.

The surprising resilience of our economy shows that despite all the obstacles, South Africans are making a plan.

Between now and 2050, based on long-term population and economic modelling, SA needs real economic growth of around 4% p.a.

Finance Minister wants auditors who mislead their clients and the public to be fined millions in penalties when caught.

Tongaat Hulett’s creditors have voted to postpone the voting date for approval of its rescue plan until end-Sept

A local manufacturing strategy is paying off for TFG. “Local, quick-response manufacturing has been a strategic advantage for us

The DTI is planning to amend the Companies Act to address the 2-year time bar on applications to have a director declared delinquent

Very interesting article on employees in business rescue, who could take an active role in the process

What a positive story about business turnaround in the retail space. Looks like Jet is on the up and up as consumer demand grows in the value segment.

Public/ private sector collaboration on a broad plan to urgently tackle various crises is encouraging. In an “unprecedented” meeting this week

Back to black? South Africa’s economy escaped recession in the first quarter and is once again bigger than before the coronavirus pandemic hit

One could argue that business rescue is the best way for failing SOEs to go for rehabilitation – provided the heart of the business is still beating…

In SA, we’re only too familiar with accounting scandals. As a remedy, IRBA decided companies must rotate their auditors every few years.

The role of private equity in business rescue and restructuring is to return companies to a healthy position of solvency.