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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ROB ROSE: Can South Africa avoid a wave of company collapses?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.
Source: FinancialMail - 🏆 20. / 63 Read more »

ROB ROSE: Can South Africa avoid a wave of company collapses?A toxic economy has felled many of South Africa's largest firms in recent years and yet, thanks to an imperceptible resilience, many have toughed it out, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »

ROB ROSE: Can South Africa avoid a wave of company collapses?A toxic economy has felled many of South Africa's largest firms in recent years and yet, thanks to an imperceptible resilience, many have toughed it out, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »

ROB ROSE: Can South Africa avoid a wave of company collapses?A toxic economy has felled many of South Africa's largest firms in recent years and yet, thanks to an imperceptible resilience, many have toughed it out, writes robrose_za.
Source: FinancialMail - 🏆 20. / 63 Read more »