One of the areas of uncertainty when it comes to business rescue proceedings
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Since stepping in at Sapo two months ago, BRPs have managed to restore medical scheme contributions
Many of the key issues facing SA’s agricultural industry before winter are still at play.
Debt-laden packaging manufacturer Nampak has raised R1bn from its shareholders
There have been burning questions surrounding which powers shift from the board to the business rescue practitioners.
SA has released a draft law that will facilitate the creation of a holding company to house struggling power utility Eskom
Transaction Capital listed 7 progress items in its operational restructuring of SA Taxi
The proposal to dispose of some of Transnet’s assets to raise the R50bn needed for its maintenance backlog
While GDP growth is above consensus estimates at 0.6% in Q2, the reading is reflective of the fragile economic environment.
Transnet will knock 5% off GDP in 2023, on top of a negative 6% in 2022.
Corporate collapses on the JSE happen with alarming regularity. Some crumble into worthless heaps
The new Companies Amendment Bill has been tabled before parliament
Stats SA data shows that the total number of liquidations decreased from 15.2% when comparing July 2022 and July 2023.
South African clothing retailers losing lustre in the face of Shein juggernaut...
With new hotels popping up, and confirmation that a new Club Med resort will be built soon near Durban
Tongaat’s business rescue practitioners announced that Kagera Sugar Ltd was selected as the preferred strategic equity partner.
Salungano Group announced its biggest subsidiary is facing both business rescue and liquidation today.
Mid-tier coal producer Ndalamo Resources is the front-runner to acquire the embattled Arnot OpCo coal mine.