by Engaged BT | Mar 12, 2021 | Engaged Business Turnaround
Why Santam is ditching pandemic insurance Consumers can kiss contingent business interruption insurance goodbye, as major insurers review contract wording. Two of SA’s biggest insurance groups, Santam and Momentum Metropolitan Holdings, have both told the FM...
by Engaged BT | Mar 9, 2021 | Engaged Business Turnaround
SA virus-hit economy shrank most in 100 years in 2020 SA’s gross domestic product shrank 7% in 2020, compared with a 0.2% expansion in 2019, according to a report released by Statistics South Africa. That’s the biggest decline since 1920, yet the drop was...
by Engaged BT | Mar 5, 2021 | Engaged Business Turnaround
Santam CEO- Lockdown claims had a huge impact… Santam awaits the outcome of a court decision on the liability period for business interruption claims before insurers and hospitality players will know the full quantum of claims. With the issue under...
by Engaged BT | Mar 3, 2021 | Engaged Business Turnaround
The Tourism industry finds creative ways to surf the Covid-19 waves. Ten months ago, many in the tourism industry were panicking. With no forward bookings, the industry was wondering how it would survive. It developed social media initiatives to keep spirits up and...
by Engaged BT | Feb 25, 2021 | Engaged Business Turnaround
How to successfully run your tourism business post-pandemic Tourism and hospitality were globally recognised as two of the most impacted sectors by the Covid19 crisis. Companies that managed to survive had to cut costs to a minimum and a million jobs were lost...
by Engaged BT | Feb 18, 2021 | Engaged Business Turnaround
Leveraging Market Uncertainty in Restructuring Private Equity Investments. While every restructuring situation is different, and the springing debt concept is but one example of a carrot to use in negotiations with creditors, it is illustrative of the dynamics...
by Engaged BT | Feb 12, 2021 | Engaged Business Turnaround
Business rescue practitioners in SA are likely to be much in demand South Africa is likely to face more business rescues than it did last year through the Covid-19 pandemic. This could be because the government had not amended business insolvency legislation...
by Engaged BT | Jan 28, 2021 | Engaged Business Turnaround
The importance of optimism in 2021 “Optimism is the faith that leads to achievement. Nothing can be done without hope and confidence,” Helen Keller famously said. Read this great piece from Chris Botha on the importance of an optimistic attitude to get the...
by Engaged BT | Jan 20, 2021 | Engaged Business Turnaround
Uncertainty: The Greatest Gift One of the greatest gifts Kim learned from travelling the world, and being a hospitality entrepreneur in South Africa, is that Uncertainty is an opportunity in disguise. In this punchy webinar, Kim unpacks her lived experience of...
