Standard Bank arranges R5.5bn ESG loan for Grit
Grit Real Estate Income Group is raising R5.5bn in a sustainability-linked debt deal arranged by Standard Bank and other SA lenders.
Business Rescue, Restructuring & Insolvency Newsletter
The firm unpacks dispositions without value, and how Section 26 of the Insolvency Act 34 of 1926 acts as a protective barrier for creditors
Growthpoint Signals Turnaround in JSE Listed Property Sector
The REIT sector is no longer in the precarious space it was in two years ago. The waters are still choppy though,
South African shippers eye air cargo as Transnet strike wreaks havoc
As SA’s faltering economy counts the cost of the crippling weeklong strike at Transnet,
South African Post Office commercially and technically insolvent
As the 26 Oct, MBTP policy statement approaches, there’s a stack of things that need to get sorted – including SAPO.
Warning for businesses in South Africa as liquidations soar
As the global economy continues to experience high global fuel prices and inflation, it remains to be seen whether the continued fallout…
SA could be in for a good decade
FNB is optimistic about SA’s prospects for the next decade, expecting a shift from just discussing public-private partnerships in infrastructure
Why the Eskom board will not be held accountable
The dilemma with the Eskom board lies in a fundamental flaw that’s built into the legal structure of parastatals.
Aveng turnaround: R700m sale of Trident Steel a ‘major milestone’
In 2017, Aveng had an external debt of R3bn when its turnaround was announced.