Business Rescue

SAA’s rescue men fly in defiance

The airline’s business rescue practitioners ignored a warning not to announce route closures and possible job cuts ahead of a restructuring plan

A Sona to reflect troubled times

Ramaphosa and his role model Nelson Mandela became presidents of South Africa in very trying times

SAA workers told not to return to work next month

The airline’s employees in Durban have been told to join the unemployment queue on March 1 because the city’s route will be closed at the end of February

Treasury is still seeking SAA funds

The government has committed an additional R2-billion to the airline, but has yet to pay it out

Procrastination hasn’t helped SAA

Taking tough decisions was always a political risk. But now it may be too late for business rescue

Numsa heads to court to stop asset sale of Gupta-linked VR Laser

Numsa's urgent application is against VR Laser Services, the two business rescue practitioners and other respondents

Gupta firms are viable but …

The banks are fighting shy of the politically hot companies, putting business rescue in jeopardy

Rescue practitioners secure banking facilities for Gupta businesses

Standard Bank has agreed to provide banking facilities to eight embattled Gupta-linked entities

Numsa forces company into rescue

Trade union wins high court case and hopes to save jobs for 165 of its members who faced the axe.

Business rescue yields mixed bag of results

Business rescue, South Africa's equivalent to chapter 11 bankruptcy in the United States, is generally working well.

Latest

Tshwane water woes in court again

The municipality has been accused of deliberately derailing the contract to sort out toxic water crisis in Hammanskraal

Life in lockdown: Behind closed doors keeping out the coronavirus

South African students in China are staying behind closed doors due to the coronavirus outbreak

Apartheid criminals still at large

Corporations and banks that aided the apartheid regime have not been brought to book, so they continue to act with impunity

Press Releases

Response to the report of the independent assessors

VUT welcomes the publishing of the report of the independent assessors to investigate concerns of poor governance, leadership, management, corruption and fraud at the university.

NWU student receives international award

Carol-Mari Schulz received the Bachelor of Health Sciences in Occupational Hygiene Top Achiever Award.

Academic programme resumes at all campuses

Lectures, practicals, seminars and tutorials will all resume today as per specific academic timetables.

Strategic social investments are a catalyst for social progress

Barloworld Mbewu enables beneficiaries to move away from dependence on grant funding

We all have a part to play to make South Africa work

Powering societal progress demands partnerships between all stakeholders

So you want to be a social entrepreneur?

Do the research first; it will save money and time later

Social entrepreneurship means business

Enterprises with a cause at their core might be exactly what our economy desperately needs

Looking inwards

Businesses are finding tangible ways to give back – but only because consumers demand it