Court clamps down on the abuse of business rescue proceedings
Warning from the courts: Abuse of business rescue proceedings in circumstances where there’s no reasonable prospect of rescuing a company will not be tolerated.
Over 800 businesses in South Africa have closed their doors since the start of 2023
Has the SA economy finally turned a corner? New liquidation figures seem to indicate so.
Everything is going to pieces? First check your availability bias
Availability bias is having a large-scale effect on the national conversation, but don’t overlook historic facts and be careful of generalisations.
Tanzania’s Kagera Sugar to acquire Tongaat Hulett sugar assets
Tongaat Hulett has secured Kagera Sugar as a strategic equity partner in a deal
Transnet breaks new ground in privatisation of SA’s ports
SA took a major step towards opening up its ports to private investment, selecting a Philippines-based multinational port operator…
Business rescue practitioners believe Rebosis will be saved
22 buyers have been accepted to do due diligence and make purchase offers to the debt-ridden Reit.
Post Office business rescue puts 7,000 jobs on the line
The Post Office collapsed into the arms of business rescue practitioners on Monday, 10th July, a form of bankruptcy protection.
SABC on the edge of collapse
The South African Broadcasting Corporation (SABC) is in extreme financial distress and could be forced to apply for business rescue
Pick n Pay helps farmers to sell their hail-damaged fruit
Good Hope Fruit has partnered with PnP on the “Hail to the Heroes” campaign,