What’s been happening on the continent this week?
Covid-19 made obvious the need for universities to adopt fourth industrial revolution strategies
Journalists’ court case challenges corporates that hide behind legal ‘professional’ privilege’
As well as grounding its planes, Thomas Cook has been forced to shut travel agencies, leaving the group’s 22,000 global employees out of a job
Authorities have come up with a plan to ensure customers of broken banks aren’t left in the lurch
Only the wealthy have the assets to afford the get-out-of-jail-free card, sequestration, and most South African’s can’t afford it.
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/ 19 December 2011
Saab Automobile has filed for bankruptcy, bringing to an end two years of efforts to rescue the iconic brand that manufactured cars for six decades.
The renowned Philadelphia Orchestra has officially filed for bankruptcy protection after falling victim to plunging ticket sales.
GM Africa Operations will host a media conference on Monday, following GM’s filing for bankruptcy in the United States.
The United States government is readying to steer General Motors into bankruptcy, according to a media report on Thursday.
Troubled US carmaker giant General Motors on Thursday reported a net earnings loss of $6-billion in the first quarter.
A government-steered bankruptcy of General Motors would likely not be swift or simple despite the best efforts of the US Treasury, analysts warn.
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/ 17 February 2009
The world’s leading maker of wooden toys, Brio, renowned for its colourful trains, is on the verge of bankruptcy, the company warned on Tuesday.