by Engaged BT | Jan 12, 2021 | Engaged Business Turnaround
Covid business innovation: Don’t wait for the phone to ring Tales of woe and business failures are legion as the Covid-19 pandemic wreaks economic havoc. But there are ways to survive, and thrive, through innovation. Just don’t wait for the phone to ring… Find...
by Engaged BT | Jan 11, 2021 | Engaged Business Turnaround
Five key factors that will affect South Africa’s economy and your wallet this year London-based consultancy Capital Economics reckons the renewed lockdown measures imposed late in December shut down about 20% of the economy, shaving 0.5% of potential growth off...
by Engaged BT | Jan 6, 2021 | Engaged Business Turnaround
South Africa is losing thousands of millionaires Wealth leaving the country has the exact opposite effect of foreign direct investment – job losses, negative growth, more financial distress. With tax increases of R5bn projected for 2021/2022 as tax revenues...
by Engaged BT | Dec 23, 2020 | Engaged Business Turnaround
Business rescue stalked SA businesses in 2020 Business Rescue is an essential mechanism for financially distressed businesses to rehabilitate their affairs. But while Comair, Edcon and Phumelela made it, SAA and SA Express are still deeply troubled. READ...
by Engaged BT | Dec 13, 2020 | Engaged Business Turnaround
The next global ‘black swan event’ may be uninsurable The insurance industry is heading for an existential crisis. A pandemic is not a risk it can cover. But if the industry doesn’t use its expertise to find innovative and creative solutions, it risks becoming...
by Engaged BT | Nov 13, 2020 | Engaged Business Turnaround
National tragedy: Third-quarter data show the unemployment rate hit a record high of 30.8% SA’s official unemployment rate is north of 30% again, while the expanded definition, which includes discouraged jobseekers, has climbed to more than 43%, data for the...
by Engaged BT | Oct 22, 2020 | Engaged Business Turnaround
Be in the know when it comes to settling your debt The best approach to a great credit score is well-managed debt. However, if you find yourself, falling behind on your payments, it is key to address the problem sooner, rather than later. READ...
by Engaged BT | Sep 18, 2020 | Engaged Business Turnaround
How to Keep Your Credit Score Healthy Through a Crisis Amid the stress and mayhem of Covid-19, it’s vital that you find ways to protect your credit score. Here are steps you can take to help maintain your financial stability. In fact, keeping a good credit...
by Engaged BT | Sep 13, 2020 | Engaged Business Turnaround
How the Business Rescue process works While the SA government is doing everything it can to assist struggling businesses in the wake of the Coronavirus, the harsh reality is that many SMEs will take a huge knock in the coming months. If you are facing business...
