Tag: Business Rescue

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Business Rescue vs Liquidation: What is The Difference?

South Africa has been experiencing very slow economic growth which impacts on the investment outlook that international rating agencies has on the country. As of May 2021, Moody’s currently rates South Africa at Ba2 (two rungs below investment grade), with a negative outlook This, and a myriad of other factors, have negatively impacted South African […]

CONTINUE READING Business Rescue vs Liquidation: What is The Difference? 4 min read
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The Fundamentals of a Business Rescue

There is no denying that the South African economy, as with the rest of the global markets, has been severely impacted by the COVID19 pandemic, which was exacerbated by South Africa’s ensuing economic downgrade to junk status. Many distressed company owners are probably lying awake at night, contemplating how their businesses will continue to remain […]

CONTINUE READING The Fundamentals of a Business Rescue 3 min read
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Compartmentalizing your distress is risky business

Effective financial management underpins the success of any company, regardless of its size. Unfortunately, many business owners are so focused on this growth that they fail to recognise the need for their accounting processes and systems to evolve with the increasing business. Despite the best intentions, this can be a contributing factor towards the company […]

CONTINUE READING Compartmentalizing your distress is risky business 6 min read