In February, Finance Minister – Enoch Godongwana – issued a stern warning during the National Budget Presentation, there will be no more bailouts for failing State Owned Enterprises. And Government has stuck to its guns, […]
South Africans have always been innovative. From the mechanical pool cleaner (otherwise known as a Kreepy Krawley) to Pratley glue, our innovation has led propelled us into the global spotlight. But we are also not […]
Last month, I began to discuss the value of know your customer (KYC) and how it is not only plays an important role for retailers who are looking to adjust to a new operating environment, […]
If you ask most turnaround professionals about the current environment, the feedback that you will receive is that the current environment is risk averse and is not ideal for launching any kind of business rescue […]
Strategic planning and implementation are key elements to any business. Yet, many companies fail to achieve this for four basic reasons. Diversification into new markets is one of the biggest coping mechanisms that companies can […]
Since the introduction of business rescue proceedings into South African law in 2011, many companies have jumped at the opportunity to rescue their businesses. Business rescue quickly became the favoured approach for companies who found […]
We are all aware of the disruption that restaurants faced at the hight of Covid. This has carried over into the Post Covid Recovery. How do restaurants fit into an environment that is already facing […]
Proverbs 27:17 says: as iron sharpens iron, and one man sharpens the face his neighbour. The modern version of this verse – which we will most likely be more familiar with – says: as metal […]
An often spoken about coping mechanism that companies need to embrace when planning a recovery from the Covid Pandemic is agility. Companies are operating in an ever increasingly connected world where the pace of change […]
The original article can be found here. Article highlights: Speaking at the Inaugural Black Industrialists and Exporters Conference in Sandton, Ramaphosa reiterated government’s support for the policy. His belief is that BEE remains a viable […]
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