Business Rescue Practitioners
latest news & developmentsTau leads drive to save Tongaat Hulett
The government says the ailing company is a crucial player in South Africa’s sugar value chain and its demise would have ‘far-reaching and devastating consequences’ for the sector
Competition Commission to look into complaint over Actom’s acquisition of SSPM
Afro-Map, which failed in its own bid to buy the transformer producer, filed the complaint, saying provisions of the Competition Act were flouted in the deal
Mid-term budget: ‘Tough love’ for Post Office, which faces liquidation
The treasury also did not allocate new funds to other struggling state-owned entities such as Denel, Transnet, the Land Bank and the South African National Roads Agency
Tongaat Hulett delays publication of business rescue plan — again
The chief executive will step down on 28 February, the new date for the publication of the strategy