Latest articles on Business Rescue
‘SAA 2.0’: New deal provides a lifeline
Airline brought back from the brink as rescue practitioners and Gordhan agree to work on a rescue plan by the end of June
Lockdown hampers Edcon business rescue – analysts
Independent retail analyst Syd Vianello says going under business rescue does not mean Edcon will be saved, “it simply gives business rescue practitioners a chance to work out how they can save the company”
SAA crash-lands but new airline will take off
During discussions between unions and business rescue practitioners and the government, it was decided that the national carrier would be closed and a new airline formed
Gordhan steps into SAA crisis, announces a stop to retrenchments
The minister is also expected to announce talks with unions towards a new airline after the shut-down of the cash-strapped national carrier
SAA Technical flies into salary storm
Maintenance division is first SAA subsidiary to declare hardship to staff as travel ban effects grow at the state-owned airline
SAA rescuers give affected parties two options: Wind down or liquidate
As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts
SAA business-rescue practitioners offer severance settlement agreement for all staff
Practitioners inform staff that the government’s rejection of R10-billion bailout last week almost guarantees that the prospect of rescue is now impossible
SAA staff placed on forced leave as airline cancels flights during lockdown
Employees at the embattled state-owned airline have been forced to take leave as SAA cancels all flights during South Africa’s lockdown
SA Express business rescue practitioners to throw in the towel
With Covid-19 halting air travel, labour unions have been told that lack of post-commencement funding and travel bans have forced airline to the point of no return
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Gauteng nurses say they did not take an oath to die
With more resources than other provinces, health workers in Gauteng still say they do not have enough protective equipment to ensure safety when working with Covid-19 patients
Covid infections among health workers increasing in Eastern Cape
Health worker infections have risen to 170 at state and private hospitals and two healthcare staff succumb to the disease in a space of seven days
Small towns not ready for level 3
Officials in Beaufort West, which is on a route that links the Cape with the rest of the country, are worried relaxed lockdown regulations mean residents are now at risk of contracting Covid-19
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JTI off to court for tobacco ban: Government not listening to industry or consumers
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Holistic Financial Planning for Professionals Webinar
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Wills, Estate Administration and Succession Planning Webinar
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Call for Expression of Interest: Training supply and needs assessment to support the energy transition in South Africa
GIZ invites eligible and professional companies with local presence in South Africa to participate in this tender to support the energy transition
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Obituary: Mohammed Tikly
His legacy will live on in the vision he shared for a brighter more socially just future, in which racism and discrimination are things of the past
