View this Fluxmans sponsored SARIPA panel discussion, focusing on the Diener and the Montic Dairy judgements, and all issues to be taken on board when making a decision to convert a business rescue into liquidation. It also revisits the impact of the Diener judgement...
Research published by PwC indicated that national gross domestic product (GDP) growth would decrease by 0.4 percentage points this year due to the significant disruption of the economy, while up to 50,000 jobs could be at risk. Business rescue can help looted and...
Since the implementation of the Companies Act in 2011, business rescue has proven to be the more popular course of action over liquidation to assist or rehabilitate businesses in financial distress. That said, success is subjective so what determines or defines a...
South Africa faces a shortage of business rescue experts as financially distressed companies are on the brink of collapse from the double whammy of Covid-19 exacerbated by the recent looting and unrest. While there were 361 licensed business practitioners in the...
A total of 3,246 businesses have entered #BusinessRescue since the Companies Act provision in 2008. Since COVID, 442 businesses have entered rescue, often renegotiating rent as part of the rescue plan. Unlike business rescue where recovery is the objective,...
Investopedia defines business turnaround as the financial recovery of a company that has been performing poorly for an extended time. Turnarounds mark a period of improvement while bringing stability to a business’s future. It is hands-on and first requires...
Saving a company requires swift action, and sometimes, downsizing is necessary. But with deep downsizing, your business will likely be left in shock, and your remaining employees will need to mourn losses differently. Because of this, it’s important to ensure...
When can a director be declared delinquent, as with SAA’s Dudu Myeni who has been barred for life? There is a unique distinction between having a Director declared delinquent and placing a Director under probation. This article explains the rights of Business...
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
This cookie is installed by Google Analytics.
This is a pattern type cookie set by Google Analytics, where the pattern element on the name contains the unique identity number of the account or website it relates to. It appears to be a variation of the _gat cookie which is used to limit the amount of data recorded by Google on high traffic volume websites.
Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services.
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
16 years 3 months 17 days 11 hours 17 minutes
These cookies are set via embedded youtube-videos. They register anonymous statistical data on for example how many times the video is displayed and what settings are used for playback.No sensitive data is collected unless you log in to your google account, in that case your choices are linked with your account, for example if you click “like” on a video.