While not a candidate for business rescue, at the moment, there is no denying that Transnet desperately needs a well-thought-out business turnaround plan that will help the utility return to basics and effectively offer the […]
The original article can be found here. The consumer goods industry’s largest representative body warned that the cost of load shedding, failing infrastructure and rising poverty were a “potentially lethal cocktail” requiring urgent action by […]
As the business rescue process becomes a more effective tool to help companies address their financial distress, it is vital that young talent is attracted to the industry to take on work with experienced business […]
With the Medium-Term Budget Policy Statement on the horizon, there is little expectation that South Africans will receive any positive news regarding economic growth. With the country’s State Owned Companies and State Owned Entities in […]
Companies that should have paid more attention to change management in the past are starting to count the costs of their mistake. Change management is vital during economic recessions as companies inevitably have to make […]
In many instances where a seller or a supplier sells goods to their customers on credit, the contract between the parties or the terms of the credit application may stipulate that the credit facilities are […]
When a company is placed into liquidation, one assumes that the company is in the process of winding up and will not be resurrected once the process is completed. This was the case with Comair […]
The original article can be found here. Some subheads were inserted by Turnaround Talk. The two state-owned enterprises at the forefront of our electricity and logistics crises are now both without permanent CEOs. The plans […]
A significant portion of the transactions that land on the desks of commercial mining attorneys in the Republic of South Africa (South Africa) are related to the sale and purchase of Mining Rights. Occasionally, Mining […]
A surefire way to place financial pressure on a company is to remove a popular product from the market without any replacement. This is the case with Nissan who announced in 2023 that the company […]
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