by Engaged Business Turnaround | Jan 11, 2021 | Blog
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 this...
by Engaged Business Turnaround | Jan 8, 2021 | Blog
Success Story – Knead Bakery A sound approach and review of all aspects of the business can often yield a positive outcome that is driven as a ‘ managed turnaround’ rather than placing the company into business rescue. Read what the Cobra Initiative did for...
by Engaged Business Turnaround | Jan 6, 2021 | Blog
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 Business Turnaround | Dec 23, 2020 | Blog
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. Business rescue...
by Engaged Business Turnaround | Dec 13, 2020 | Blog
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...
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