Articles about business rescue

Rentoza files for business rescue

The subscription-based technology rental company enters business rescue after its board concludes the firm is financially distressed.

JSE-listed ICT firm Ellies goes belly up

Application will be made to the court for an order discontinuing the Ellies business rescue proceedings and placing the company into liquidation.

Nashua pulls plug on post office printers

The Reunert unit recently switched off the printers it was outsourcing to the insolvent state-owned enterprise, due to an unpaid debt.

Post office to axe 6 000 in modernisation drive

Business rescue practitioners plan to retrench thousands of workers at the bankrupt state-owned enterprise.

Capital Appreciation seeks solutions for GovChat

Various alternatives are being explored for the citizen engagement platform, amid the ongoing business rescue.

IQbusiness debuts pro bono business rescue service

The COVID-19 Business Rescue Assistance War Room offers help to business in financial distress.

Court suspends liquidation of SA’s R1bn smart factory

The process to liquidate Yekani Manufacturing has been frozen, pending a hearing on the business rescue application.

4Sight company files for business rescue

The drama continues at 4Sight, as it announced this morning that its intermediate company has filed for business rescue.

Cell C will be profitable, says CEO, rules out merger

Douglas Craigie Stevenson believes the telco still has a fighting chance to reverse its fortunes and says business rescue is unthinkable.

TCS files for business rescue

The group's stock plummets 50% on news of its dire financial situation.

Zaptronix creditors to meet

The business rescue practitioner will brief creditors as to their options around rescue or liquidation of the company.

TopTV seeks cash injection

The pay-TV operator's board takes protective measures, while the company continues to struggle to find an equity partner.