Post Office got R321 million of taxpayer money and is still in trouble
The Post Office is hoping to exit business rescue, but it is still in a dire financial position.
Auto Added by WPeMatico
The Post Office is hoping to exit business rescue, but it is still in a dire financial position.
Vision Group co-founder Rute Moyo explains the Vision Consortium’s strategy for reviving Tongaat Hulett and securing South Africa’s sugar future.
The best multi-asset property investment opportunity you haven’t heard about yet.
Sapo acting CEO Fathima Gany notes that the Post Office is not out of the woods. ‘It’s about preserving the value we achieved through the business rescue, stabilisation, and building a long-term sustainable organisation.’
Former SA Steel Mills owner Rafik Mohamed appeared in the Alexandra Magistrate’s Court in leg restraints on Wednesday as his bail application was postponed until 4 June. The matter is expected to continue in the Specialised Commercial Crimes Court in Palm Ridge. Mohamed remains in custody. Although the charges against Mohamed have not yet been…
Business Rescue Practitioners indicated that the plan to save the SA Post Office could take three to six years to complete.
Advocate Louis Bolt discusses the final sequestration of the late Nic Georgiou’s estate, and what this could mean for investors in the Highveld Syndication property investment schemes.
Mango’s business rescue practitioners say customers with unflown tickets have until midnight to stake their claim as the airline winds down for good.