The original article can be found here. Anglo American ha pointed out that its diamond subsidiary De Beers saw sales fall almost 15% to $380 million (about R7 billion) in its fourth sales cycle relative […]
Streaming services have grown in popularity globally. The model is an extension of the old cable networks that AOL and many other telcos began in the 1990s. Streaming makes that pay-per-view model irrelevant, and securing […]
The South African business rescue process has created the opportunity for investors (local and foreign) to position themselves in order to take advantage of distressed assets in South Africa which could potentially be acquired through […]
The Cloete and Thomas Murray murders were a massive shock to the business rescue and liquidation profession. Two prominent liquidators were brutally gunned down just for doing their jobs. Through other media outlets, Turnaround Talk […]
The original article can be found here. The uncertainty over how a new-look De Beers may operate is spooking some of the industry’s biggest players. The diamond industry has already been feeling the heat. Prices […]
With liquidations in South Africa increasing, there are fears that the South African business environment is becoming increasingly attritional. This environment was also reflected in the recently published Deloitte Restructuring Survey, which suggests that there […]
Since the COVID-19 pandemic, many business environments worldwide have faced significant disruption, necessitating companies to turn to business rescue, business turnaround (restructuring) and liquidation to address their financial distress. This is particularly evident in South […]
Business rescue is at a turning point. With an increasingly disruptive business renvironment, many industry experts are questioning the relevance of business rescue as a tool to save companies. Lucinde Rhoodie, a Director in CDH’s […]
One of the explanations regarding the poor performance of South Africa’s most important State Owned Entity (SOE), Eskom, is that the utility faces a legacy issue regarding its power production capabilities. However, the challenges faced […]
The original article can be found here. Load shedding will be over but for Stage 1 by the end of this year and will be permanently ended by the end of 2025, says Business4SA, a […]
Copyright © 2021 | Turnaround Talk
