As the Global Supply Chain Crisis intensifies, and the South African manufacturing sector facing its own challenges, many South African industries may find themselves on an unavoidable collision course with possible financial distress. One such […]
Information gathering seems to be severely lacking in the halls of Luthuli House (Headquarters of the ANC). Government was caught off guard by the severity of the 2021 civil unrest despite parties categorically stating in […]
There is plenty of volatility to go around in south Africa at the moment. The energy crisis is no nearer to as resolution and companies are strapping themselves in for a year where inflation and […]
The original article can be found here. Former Eskom executive Dan Marokane has been appointed interim CEO of Tongaat Hulett, a company whose future is still in severe doubt after its crippling debt pile pushed […]
2022 was a significant year for the business rescue and business turnaround profession. Many turnaround professionals learned some key lessons about themselves, thier companies and the profession during the implamentation of thier duties. Turnaround talk […]
Last month, I wrote a thought leadership article that focused on key court victories that favoured liquidators. We saw that no company is above the law and that, while the liquidation process is criticized by […]
Since the beginning of the Covid-19 Pandemic, there have been fears that the challenges facing companies in the current environment will place many of them into financial distress. This has highlighted the need for business […]
South Africa has had, and continues to have, some iconic CEOs that have led their companies to major success. Patrice Motsepe (from African Rainbow Minerals), Roger Baxter (from the Minerals Council of South Africa), Cynthia […]
On 31 January 2023, the High Court in Nairobi (court) rendered its judgment in the renowned petition challenging the constitutionality of the Finance Act of 2022 (Act). Among the impugned taxes in the case, was […]
Since the beginning of 2022, South Africans have been forced to deal with loadshedding as an event that will be a daily occurrence for the foreseeable future. Unfortunately, the practice has become as common in […]
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