Since no regulator has been appointed to govern the business rescue industry, the Companies and Intellectual Property Commission (CIPC) has taken on the role of quasi regulator. Periodically, the CIPC releases a list of licenced […]
My father-in-law is a Senior Business Rescue Practitioner. We had a very candid discussion last weekend about the CNA business rescue and the events that are unravelling around it. His first question to me was […]
Last year was a massive year for business rescue as a number of key companies whent through the process. This year was no different with CNA (one of South Africa’s oldest companies) and Mango airlines […]
One of the common themes when it comes to distress is fear can become paralysing. One such company was Kodak who almost missed the digital revolution completely because management within the company felt that going […]
Before I founded Turnaround Talk, I was a journalist within the financial services sector. My specific focal area was the insurance and investment industry. Like the business turnaround and business rescue industry, the average age […]
Please take not of the following notice from the CIPC.
Please take note of the following notice from the CIPC.
We are currently seeing the Golden Age of Business rescue with a number of high profile cases going through the courts. The National Union of Metalworkers of South Africa (NUMSA) intends to make application (Notice […]
Disruption was not invented in 2020. While it was a year that saw massive amounts of it, the world has faced similar periods of disruption throughout history. Some companies have embraced it, while others have […]
President Cyril Ramaphosa put on a very brave face as he delivered the 2021 State of the Nation. Besides the fact that South Africa is dealing with a public health crisis, the country is dealing […]
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