Steinhoff shareholders who stood to get nothing as the indebted company entered #estructuring

News
Liquidations surge in SA: ‘Business turnaround is key’
True business rescue is about proactively intervening to turn around a business’ bad fortunes, to ultimately save the business.
SA Post Office liquidation
The SA Post Office’s financial situation is essentially beyond redemption. It owes creditors at least R4.4bn.
The secret to success in tough times
Innovation is the secret to success in tough times, not only to overcome uncertainty but also to accelerate performance.
Erik Smuts resigns as Nampak CEO
A central debt structure in SA that funds operations in an African group are incredibly dangerous…
Business Rescue versus Liquidation
Address your business reality early so there’s a better chance of trading out of the difficulties
A practical guide to business rescue for small business owners
Business rescue can serve as a lifeboat, offering a glimmer of hope and a chance to navigate back…
Amazon invest another R15bn in SA
Amazon will invest an extra R15bn over the next 6 years. Is the country competitive compared to other markets in Africa?
Deloitte Restructuring Survey 2023 is out
85% of respondents in Deloitte’s new survey are anticipating an increase in business rescue activity.
A rising tide lifts all boats
Neurodivergent workers could translate into competitive advantage from a greater diversity of skills, mindsets, and problem-solving approaches
Caught up in Home Affairs dysfunction
Caught up in Home Affairs dysfunction SA’s visa administration problems are well recognised as a serious...
Price elastic ain’t fantastic
A company with rapidly rising input costs and little ability to pass price increases on to consumers is a sitting duck.
After the Bell: A narrative walks into a bar
Distressed assets are like old people at a party. People are polite to them but don’t want to mingle with them.
Business rescue: securing creditors’ rights and employee claims in a post-rescue world
It is crucial, in the wake of a rescue, to protect the interests of secured creditors without unfairly penalising workers.
Middle to high-income earners are driving a recovery in SA
New BER Surveys on economic recovery in SA show the hotel and restaurant sector are the happiest they’ve been since Q1:2014