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

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Nigeria News News

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...

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines