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

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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.

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?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?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 »