ArcelorMittal SA job cuts may hit 3,500 workers as Transnet woes bite
SA’s biggest steel producer, ArcelorMittal SA says 3500 jobs may be affected as it embarks on a section 189a process to wind down Newcastle Works
What about the original creditors in business rescue?
The High Court put out a ruling for creditors in business rescue, saying that they can’t vote on rescue plans for companies they’re investing in.
Transnet needs to focus on productivity — and partners
Transnet needs significant investment in infrastructure and has to become massively more efficient.
October’s insolvency statistics tell a scary tale
With record-high insolvencies in Oct, top SA bankers and restructuring experts are now also predicting a deluge of insolvencies come April/ May 2024.
Fighting the curse of companies leaving the JSE
Delisting is not isolated to SA; it is a global phenomenon. It is important to keep in mind that listing activity is driven by market sentiment
SA’s employment rises above pre-Covid levels
There’s still no reason to celebrate SA’s employment rate improvement, given that almost a third of citizens remain jobless.
Three conclusions I made before restructuring my business
What would you tell your younger self about growing a business? Here’s what one CEO discovered before restructuring.
WeWork restructuring will not affect SA
WeWork’s restructuring will not affect SA, says owner SiSebenza who adds the local business is strong and committed to investing in future growth.
Shareholders shafted with planned changes to the Companies Act
Amendments to the Companies Act, a proposal to gouge out a crucial section granting appraisal rights spells trouble for minority shareholders.