Horse-racing operator Phumelela Gaming and Leisure has been placed in business rescue.
The board “is of the view that the best option to ensure the long-term survival of the company and the sport of horse-racing, is to implement a business rescue plan,” Phumelela said. Phumelela’s move follows the actions of other high-ranking companies such as Edcon and Comair, which recently announced their decisions to go in business rescue, a move that could result in thousands of job losses.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Union ready to legally block Comair’s business rescueThe Union Association of South Africa says it was not consulted before the airline announced it was entering business rescue An old African proverb says if you carry the egg basket do not dance. You should have listened. Is the union in this country, on this planet? do they see what is happening worldwide? all the businesses are collapsing including airlines. you cannot draw from a resource if there is no resource
La source: BDliveSA - 🏆 12. / 63 Lire la suite »
Covid-19 stalls Group Five’s business rescueConstruction workers cannot return to work under level 4 restrictions
La source: BDliveSA - 🏆 12. / 63 Lire la suite »