Tongaat Hulett creditors voted almost unanimously in favour of the rescue plan for the company’s property arm, which is to be wound down. With 92% of creditors voting, 99.8% voted in favour, the business rescue […]
Like many countries that exhibit ineffective leadership, South Africa is currently experiencing a reckoning. Businesses and ordinary citizens are fed up with the energy crisis and Government’s empty assurances that it is putting measures in […]
Evasive action has been the rallying call among many companies during Covid and has been continued during an economic climate that is on a collision course with a global recession. Austerity means different things to […]
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A few months ago, the South African Post Office (SAPO) became one of the first SOEs in South Africa to be placed under provisional liquidation after a request from its creditors, who were unconvinced that […]
Loadshedding has proven to be one of the single most significant root causes of financial distress for many companies as they struggle to come to terms with its disruption. In the past, companies were at […]
When, why and how do business rescue proceedings terminate? This was one of the pertinent questions raised in the matter of Danco Boerdery (Pty) Ltd v Cawood, Werner and Others which the Pretoria High Court […]
Anybody with common sense knows that the quickest way to start a fight in a family is to get out a Monopoly board. The reason for this is simple, very few people favour monopolies as […]
One of the early signs of the 2008 Global Financial Crisis was a significant slump in commodities as countries worldwide had to adjust their growth aspirations in line with the prevailing economic conditions. There are […]
The original article can be found here. You’ve got more to do than could possibly get done with your current work style. You’ve prioritized. You’ve planned. You’ve delegated. You’ve tried to focus. The next frontier […]
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