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Tag: Business rescue

Call for responsible decision making in Tongaat Hulett business rescue

By Dr Kobus Laubscher, Agricultural Economist The potential failure of Tongaat Hulett Limited’s business rescue process threatens to unleash a cascade of economic and social...

Tongaat Hulett has announced its selected strategic equity partner (SEP), Kagera Sugar Limited

Statement by Abigail Moyo, spokesperson of the trade union UASA: Tongaat Hulett’s management, stakeholders, business rescue and industry partners are making progress in saving the...

Godongwana welcomes Post Office business rescue decision

Communications and Digital Technologies Acting Minister, Enoch Godongwana, has welcomed a high court decision to place the South African Post Office (SAPO) under supervision...

Business rescue vs liquidation: What is the best option for my company?

IF your company is in financial difficulties, whatever the reason, there are really only two choices you have when it comes to legal options;...

Why the ‘new SAA’ can (and will) succeed, writes SAA Interim Chief Financial Officer,...

South African Airways (SAA) is poised for growth  It has now been nearly two years since SAA emerged from its business rescue process in 2021,...

Helping small businesses get back on track, in 4 strategic steps

Using words and phrases such as “pandemic”, “the new norm”, “asymptomatic” and “quarantine”, which were previously rarely used in our public discourse – if ever...

Tongaat business rescue: over R400 million in canegrower payments at immediate risk

SA Canegrowers is deeply concerned by the announcement that Tongaat Hulett Limited has entered its South African operations into business rescue due to the...

Gas discovery could rescue South African economy

A trillion rand over 20 years could pour into the country if a gas discovery in the Outeniqua Basin, off the southern Cape coast,...

10 things you need to know about SA’s first recession since 2009

Stats SA announced on Tuesday that the country's real gross domestic product contracted by 0.7% in the second quarter of 2018. This follows a revised...

Business rescue might just keep ailing SAA afloat

Solidarity’s proposed business rescue could be used to determine the extent of the rot, and this could be used to plot a recovery plan,...

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