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Liquidation

IFP will take to the streets to defend Ithala, says Hlabisa
Politics
/ 28 January 2025

IFP will take to the streets to defend Ithala, says Hlabisa

The SOC will be at the high court on Thursday to oppose an application for its liquidation

By Stella Mapenzauswa
Ster-Kinekor escapes liquidation, thanks to investment
Business
/ 15 November 2022

Ster-Kinekor escapes liquidation, thanks to investment

The R250 million transaction involved dealing with the cinema group’s debt, as well as the purchase of 100% of its shares by UK and local firms

By Anathi Madubela
Post Office owes R842m to worker pension fund and medical aid
National
/ 27 May 2021

Post Office owes R842m to worker pension fund and medical aid

There is growing concern about a possible liquidation of the entity should it not be repurposed

By Chris Gilili
Tekkie Town’s Steinhoff fight: ‘We will get our business back’
Business
/ 18 May 2021

Tekkie Town’s Steinhoff fight: ‘We will get our business back’

Bernard Mostert on the ordeal of losing a business he helped build and the fight to get it back

By Sarah Smit
Small business owners closing shop and feeling the financial squeeze
Business
/ 17 February 2021

Small business owners closing shop and feeling the financial squeeze

The hopes and dreams of many entrepreneurs have been dashed. We track some of the owners of SMMEs, who talk of losing everything they worked for

By Tshegofatso Mathe and Sarah Smit
Workers get their slice of SA Express
Business
/ 3 October 2020

Workers get their slice of SA Express

Proposals for how to carve up ownership of the airline could mean that the government will no longer hog the whole pie

By Thando Maeko
SAA crash-lands but new airline will take off
Article
/ 29 April 2020

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

By Thando Maeko
SAA rescuers give affected parties two options: Wind down or liquidate
Article
/ 23 April 2020

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

By Sabelo Skiti
SAA cut off to protect other SOEs
Article
/ 6 December 2019

SAA cut off to protect other SOEs

After years of pumping billions into the airline, government picked business rescue to prevent a wider fallout at Eskom and other state entities

By Sabelo Skiti and Thando Maeko
Bosasa tells court: We are being hijacked by liquidators
Article
/ 14 March 2019

Bosasa tells court: We are being hijacked by liquidators

Bosasa wants the decision to place the company under voluntary liquidation, should be declared null and void

By Kyle Cowan
VBS needs to be wound up ‘urgently’
Article
/ 2 November 2018

VBS needs to be wound up ‘urgently’

Reserve Bank is second to apply for liquidation and it remains to be seen if this causes a delay

By Lynley Donnelly
Rotten deals follow Cosmo Fruit
Article
/ 2 February 2017

Rotten deals follow Cosmo Fruit

Liquidators are searching for assets after Ioannis Ntinos’s company was declared insolvent

By Jessica Bezuidenhout
ANCYL faces new liquidation threat as creditors come calling
Article
/ 24 April 2014

ANCYL faces new liquidation threat as creditors come calling

The ANC settled the league’s previous creditors in March, but now Gallagher Estates wants the money it is owed for the 2011 ANCYL conference.

By Verashni Pillay
Moves to oust Goldrich from Blyvoor
Article
/ 13 March 2014

Moves to oust Goldrich from Blyvoor

Alleging asset stripping and illegal gold sales from the mine, liquidators warn of an Aurora rerun

By Sally Evans
Search on for ANCYL assets as liquidators close in
Article
/ 28 January 2014

Search on for ANCYL assets as liquidators close in

If the ANC Youth League is permanently liquidated, questions will arise over the troubled body’s missing assets.

By Verashni Pillay
Village Main Reef stocks reach highest in seven weeks
Article
/ 30 October 2013

Village Main Reef stocks reach highest in seven weeks

The gold production company has reported record highs at its Tau Lekoa flagship mine and restructuring at other operations.

By Paul Burkhardt
Question is, can the 1time bid fly?
Article
/ 23 August 2013

Question is, can the 1time bid fly?

The firm bidding to take over the failed airline has brought to light several unexplained connections.

By Sally Evans and Sam Sole
Pinnacle points finger at Absa
Article
/ 17 February 2012

Pinnacle points finger at Absa

Luxury resort development group to explain what happened to millions of clothing workers’ pension money after it was liquidated.

By Glynnis Underhill
No image available
Article
/ 22 July 2011

How dirty is Godongwana’s laundry?

Deputy economic development minister Enoch Godongwana is set to be grilled on what happened to a massive loan from a textile workers’ pension fund.

By Glynnis Underhill
No image available
Article
/ 23 May 2011

Fewer companies liquidated: Stats SA

Fewer companies closed down in April 2011 compared to the same month last year, Statistics South Africa said on Monday.

By Staff Reporter
Lean, mean season for small fry
Article
/ 20 August 2010

Lean, mean season for small fry

Bad debt, liquidation rise as small business continues to suffer from the recession.

By Tarryn Harbour

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