The Western Cape High Court recently illustrated that timing and the nature of a transaction are key when relying on section 26(1) of the Insolvency Act 24 of 1936 (Act) for the purpose of setting […]
With the announcement that Amazon will launch in South Africa in 2024, the local online retail space looks primed for a significant battle over consumerism in Africa’s most diversified economy. Since the Covid-19 Pandemic, South […]
The original article can be found here. South Africa’s embattled state-owned freight-rail and ports company identified areas requiring immediate state support in a turnaround plan being submitted to the government. Transnet’s board plans to meet […]
Companies facing financial distress are in desperate need of change and a lifeline that will help the company overcome its current challenges. However, during this time, it is often difficult to see the woods for […]
Many people worldwide will tell you that the Just Energy Movement and the gravitation towards a Net Zero Economy are two of the biggest scams currently in the world. These people are blind to the […]
On 14 August 2023, a notice was published in the Government Gazette to introduce two Amendment Bills to the Companies Act 71 of 2008 (Companies Act). The second of these amendment bills has its genesis […]
When BRPs flag mismanagement as a root cause of financial distress or a massive financial loss in a company, Those on the outside – typically the public, media and shareholders – are left a bit […]
A lot of literature has been written about the current volatility that retailers are facing and the fact that the current risk-based environment will continue for the foreseeable future as the present disruptive forces that […]
The original article can be found here. The newly appointed CEO of Pick n Pay warned that while a turnaround of the embattled group could take years, he is confident that a laser-like focus on […]
The original article can be found here. New Gold Fields CEO Mike Fraser will shape the vision and strategy for the global mining house, which he plans to take to “the next level” through a […]
Copyright © 2021 | Turnaround Talk
