Business rescue process | Bizcommunity

Business rescue process | Bizcommunity

News

Capital markets bolster Murray & Roberts with R130m for business rescue efforts

Construction & Engineering

Capital markets bolster Murray & Roberts with R130m for business rescue efforts

21 Jan 2025

Tongaat Hulett Zimbabwe to lay off 1,000 employees by August

Agriculture

Tongaat Hulett Zimbabwe to lay off 1,000 employees by August

Nyasha Chingono 16 Jan 2025

Image source: rawpixel –

Corporate & Commercial Law

Distressed retailers: Why private equity funds should come to the rescue

Tobie Jordaan, Jutami Augustyn and Paras Shah 3 Sep 2024

Ellies built its business alongside the DStv boom. Source: Gemma Redondo/Unsplash

Technology

Ellies ends journey from pioneering electronics giant to business failure

Lindsey Schutters 19 Jul 2024

Lily Mine was the scene of a 2016 disaster where three miners were trapped underground in a container after a ground collapse.

Mining

Vantage Goldfields to resume operations at Lily and Barbrook mines

16 May 2024

Court enforces payment of levies by Tongaat Hulett

Agro-processing

Court enforces payment of levies by Tongaat Hulett

9 May 2024

Tongaat CFO appointed interim CEO

Agro-processing

Tongaat CFO appointed interim CEO

18 Jan 2024

Image source: rawpixel –

Corporate & Commercial Law

Is restoring a financially distressed company to solvency achievable?

Dr Eric Levenstein 22 Dec 2023

Source: Julian Herzog via

Aviation

SAA, SunExpress sign MoU

21 Dec 2023

Source: © 123rf The judgment on the Tongaat Hulett application to suspend its Sugar Industry Agreement payment obligations vindicates the South African Sugar Association says Andrew Russel, chairperson, SA Canegrower

Regulatory

Tongaat Hulett judgment vindicates South African Sugar Association

Andrew Russell 5 Dec 2023

Image source: Ann H from

Corporate & Commercial Law

SA Post Office enters business rescue

11 Jul 2023

São Paulo is SAA's first intercontinental route since Covid

Travel

São Paulo is SAA's first intercontinental route since Covid

30 Jun 2023

Tongaat gets IDC cash injection to complete milling season

Agro-processing

Tongaat gets IDC cash injection to complete milling season

28 Dec 2022

Tongaat BRPs, canegrowers reach agreement on payments to mills for sugarcane deliveries

Agro-processing

Tongaat BRPs, canegrowers reach agreement on payments to mills for sugarcane deliveries

9 Nov 2022

Tongaat enters into voluntary business rescue

Agro-processing

Tongaat enters into voluntary business rescue

31 Oct 2022

Government determined to see SAA grow

Aviation

Government determined to see SAA grow

26 Sep 2022

Huge Group buys Tethys Mobile, formerly Virgin Mobile SA

Telecoms & Networks

Huge Group buys Tethys Mobile, formerly Virgin Mobile SA

7 Jul 2022

Image source: tiero –

Corporate & Commercial Law

No more leniency - court ruling a warning not to abuse business rescue process

Eric Levenstein 17 May 2022

Image source: © Konrad Bak –

Corporate & Commercial Law

Do shareholders have a say in business rescue proceedings?

Julian Jones and Caellyn Eedes 31 Mar 2022

Corporate & Commercial Law

Transnet derailed?

Colin Strime and Ryszard Lisinski 5 Nov 2021

Source: Bob Adams via

Travel

Comair receives R270m in capital inflows, bolsters recovery

17 Sep 2021

Lonsa acquires majority stake in fibre cement manufacturer Everite

Materials & Equipment

Lonsa acquires majority stake in fibre cement manufacturer Everite

3 Aug 2021

Source: Supplied

Hospitality

Capital Hotels Mbombela project well underway for November opening

29 Jul 2021

Business rescue process: Don't disregard the rights of employees

Labour Law

Business rescue process: Don't disregard the rights of employees

Rosalind Davey, Chloë Loubser and Nikita Reddy 8 Apr 2021

SAA unions urged to accept final settlement offer

Labour Law & Unions

SAA unions urged to accept final settlement offer

8 Dec 2020

Busby emerges from business rescue rebranded as FrontierCo

Retailers

Busby emerges from business rescue rebranded as FrontierCo

18 Nov 2020

Comair reaches two major milestones in its business rescue process

Travel

Comair reaches two major milestones in its business rescue process

2 Nov 2020

Julian Herzog via

Aviation

Public enterprises calls for patience on SAA matter

18 Sep 2020

Comair confirms publication of a business rescue plan

Aviation

Comair confirms publication of a business rescue plan

3 Sep 2020

Aviation

Comair's business rescue practitioners request extension

29 Jul 2020

How the business rescue process works

Accounting & Auditing

How the business rescue process works

Issued by SAICA 20 Jul 2020

Distressed M&A: You do not have to sell cheaply, but you must move quickly - Part 1

Corporate & Commercial Law

Distressed M&A: You do not have to sell cheaply, but you must move quickly - Part 1

Tony Lee and Justin Balkin 15 Jul 2020

Unions accept SAA severance packages

Labour Law & Unions

Unions accept SAA severance packages

8 Jul 2020

Owner of Legit offers to buy part of Edgars

Retailers

Owner of Legit offers to buy part of Edgars

8 Jul 2020

Cabinet backs establishment of new airline

Aviation

Cabinet backs establishment of new airline

26 Jun 2020

Julian Herzog via

Travel

SAA business rescue plan vote given green light

25 Jun 2020

SAA retrenchment process heads to Labour Appeal Court

Labour Law

SAA retrenchment process heads to Labour Appeal Court

Malesela Letwaba 27 May 2020

Numsa vs SAA - death knell to successful business rescue?

Labour Law

Numsa vs SAA - death knell to successful business rescue?

Wessel Badenhorst and Chris Rey 11 May 2020

Comair enters business rescue

Travel

Comair enters business rescue

6 May 2020

The future of business beyond the lockdown

Entrepreneurship

The future of business beyond the lockdown

Adam Craker 20 Apr 2020

Alex Beltyukov via

Travel

R3.5bn to aid SAA business rescue

29 Jan 2020

Trends

#BizTrends2020: 5 South African tourism trends to watch in 2020

Martin Jansen van Vuuren 6 Jan 2020

Travel

SAA placed under business rescue

5 Dec 2019

Will the Labour Court enforce an employee claim against a company in business rescue?

Labour Law

Will the Labour Court enforce an employee claim against a company in business rescue?

Jacques van Wyk 1 Aug 2019

Why dispute resolution mechanisms are a must for creditors

Corporate & Commercial Law

Why dispute resolution mechanisms are a must for creditors

30 Jul 2019