When the JSE can protect you in a delisting and when it can’t

Very few people understand what it means to be “listed” on a stock exchange. Perhaps more importantly, even fewer understand what a delisting means, even though this can become the reality for the likes of Comair, which will delist later this year as part of its approved Business Rescue plan. In this article, my intention is to explain some core …

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Dial Business 911 – unpacking business rescue

Business rescue is a term that has become synonymous with the economic lockdown of 2020. Barely a day goes by without another headline proclaiming a well-known company to have entered business rescue. The most high-profile examples of companies in business rescue include Edcon, SAA and more recently Comair. The first two were broken long before COVID-19 arrived. People make the …

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