ROB ROSE: Can South Africa avoid a wave of company collapses?

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The list of casualties that either were, or are, in business rescue is long, with Comair, Ster-Kinekor, Edcon and SAA now joined by Africa’s largest sugar company, Tongaat Hulett, writes robrose_za.

You wouldn’t bet on it, what with rising interest rates taking a fatal bite into cash flows and streets of once-thriving restaurants now an unsightly shamble of “To Let” signs...

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