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business rescue
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COVID Hangover: Another Major South African Retailer Forced Into Business Rescue
20 Aug 2024 by Heinrich / No Comments
Unable to keep up with its operational costs, Cross Trainer announced on Wednesday that it has gone into business rescue, affecting 67 stores nationwide.
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SAA Is Finally ‘Cash Positive’ And Looking To Grow Fleet By 50%
05 Jul 2024 by Heinrich / No Comments
After decades of standing in front of the taxpayers with a begging bowl like Oliver Twist asking “Can I have some more?”, could SAA really be reaching cruising altitude?
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It’s All Over For Doomed Comair
10 Jun 2022 by Paula / No Comments
It looks like the days of the once-flourishing Comair are officially drawing to a close, as business rescue strategies have failed to keep the airline from going under.
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Mango Airlines Is A Total Mess
27 Jul 2021 by Jasmine Stone / No Comments
Mango, the low-cost state-owned airline, was recently placed under business rescue by the board and shareholders.
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CNA At War With Former CEO
01 Jun 2021 by Jasmine Stone / No Comments
At the centre of the struggling stationery company’s woes is former CEO Benjamin Trisk, who is now threatening legal action after the latest developments.
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It’s All Gone Rather Pear-Shaped At CNA
18 May 2021 by Jasmine Stone / No Comments
After well over 100 years in the game, CNA is under extreme stress as unpaid bills mount and “a power battle among executives” plays out.
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2oceansvibe Partners
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