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
There is growing concern about a possible liquidation of the entity should it not be repurposed
Bernard Mostert on the ordeal of losing a business he helped build and the fight to get it back
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
Proposals for how to carve up ownership of the airline could mean that the government will no longer hog the whole pie
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
As SAA subsidiaries declare hardship to staff, business-rescue practitioners urge them to sign agreements to save severance payouts
After years of pumping billions into the airline, government picked business rescue to prevent a wider fallout at Eskom and other state entities
Bosasa wants the decision to place the company under voluntary liquidation, should be declared null and void
Reserve Bank is second to apply for liquidation and it remains to be seen if this causes a delay
Liquidators are searching for assets after Ioannis Ntinos’s company was declared insolvent
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.
Alleging asset stripping and illegal gold sales from the mine, liquidators warn of an Aurora rerun
If the ANC Youth League is permanently liquidated, questions will arise over the troubled body’s missing assets.
The gold production company has reported record highs at its Tau Lekoa flagship mine and restructuring at other operations.
The firm bidding to take over the failed airline has brought to light several unexplained connections.
Luxury resort development group to explain what happened to millions of clothing workers’ pension money after it was liquidated.
Deputy economic development minister Enoch Godongwana is set to be grilled on what happened to a massive loan from a textile workers’ pension fund.
Fewer companies closed down in April 2011 compared to the same month last year, Statistics South Africa said on Monday.
Bad debt, liquidation rise as small business continues to suffer from the recession.