A game of billions

In the world of corporate and public finances, numbers can quickly lose meaning. You probably think carefully about spending R500, but I’ll bet you often read about a number like R5bn without a moment’s thought given to the size of this number. Let’s take a moment to explain how enormous this number actually is. the_ad id=”3223″ Written out in full, …

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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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