The original article can be found here. There’s yet more evidence that the big streaming shakeout looming on the horizon is getting closer to reality. In its first quarter earnings report Tuesday, Netflix NFLX +3.2% […]
Two weeks ago, we started to take a look at one prove a claim against an insolvent company more than three months after the second creditors meeting. As we saw, the legal landscape in this […]
As much as companies are pointing a finger at Covid-19 and citing it as a root cause of their financial distress, through our (Genesis Corporate Solutions) observation, many of these companies would find themselves in […]
According to recent reports by the International Monetary Fund (IMF), South Africa ranks 75th in the world in terms of debt to GDP ratios. In fact, with a debt to GDP ratio of only 69%, […]
Reports from Sri Lanka in the week before the Easter weekend pointed to the fact that the Government of the island nation made an impassioned call to Sri Lankan nationals living abroad to send cash […]
For many years, the insurance industry was akin to the Wild West. There was even a group of brokers and financial advisers from the West Rand (Krugersdorp and Roodepoort) who were infamously labelled The West […]
The original article can be found here. Article highlights: The rand weakened the most in five months and benchmark bonds sold off as rolling power cuts, flood damage and signs of a Covid-19 comeback added […]
The original article can be found here. Article highlights: Massmart has said it is poised for accelerated growth as it continues to implement its turnaround strategy. A significant outcome of the turnaround plan to date […]
The original article can be found here. Article highlights: Cashbuild’s share price fell by more than 2% after the company confirmed that its revenue declined by 10% in the third quarter of 2022. Fewer consumers […]
The original article can be found here. Article highlights: The utility revealed this at a briefing after the country was moved from stage two rolling blackouts to stage four last week. Colder weather usually comes […]
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