Restructuring | Bizcommunity

News

Nissan to axe 9,000 jobs, cut production on weak China, US sales

Dealers

Nissan to axe 9,000 jobs, cut production on weak China, US sales

7 Nov 2024

Sibanye recently secured a €500m green financing loan for the Keliber lithium project

Mining

Sibanye-Stillwater diversity play off to mixed start

Lindsey Schutters 5 Nov 2024

Source: Supplied. Ntobeko Nyawo, chief financial officer of Redefine.

Markets & Investment

Redefine Properties initiates largest secured funding model in South Africa

16 Oct 2024

The rumoured shuttering of another South African fashion label spells more doom for the local industry. Source: Imagen 3

Services

Major fashion e-tailer abandons local content with restructuring rumours

Lindsey Schutters 7 Oct 2024

On the eve of World News Day Kalay Maistry, head of reputation, risk & advisory at Razor PR says PR Pros should be deeply concerned about the state of media (Image supplied)

Media Freedom

EXCLUSIVE: Razor PR's Kalay Maistry: Why the crisis in South African media should concern PR Pros

23 Sep 2024

Announcement on Daily Maverick’s cost reduction and reorganisation

Media

Announcement on Daily Maverick’s cost reduction and reorganisation

Issued by Daily Maverick 20 Sep 2024

Sars increases customs duties: What it means for your online retail orders

Regulatory

Sars increases customs duties: What it means for your online retail orders

Chetan Vanmali, Yael Shafrir, Emily Gammon, Sidrah Suliman, Lauren Jimmy & Danica Jonker 17 Sep 2024

Final hurdle for SwiftNet sale: Icasa to approve license transfer

Telecoms & Networks

Final hurdle for SwiftNet sale: Icasa to approve license transfer

Lindsey Schutters 16 Sep 2024

Source: Growthpoint Properties.

Property

Growthpoint and Attacq to invest billions in their precincts on stronger demand

Sfundo Parakozov 16 Sep 2024

Sibanye's diversification strategy couldn't shield it from the PGM crisis

Markets & Investment

Sibanye-Stillwater R7bn loss signals continued market challenges

Lindsey Schutters 13 Sep 2024

Publishing

Financial crisis prompts major restructure for Independent Newspapers as advertising, circulation decline

13 Sep 2024

Law Practice

African Legal Award winners 2024

10 Sep 2024

Icasa schedules hearings on Cell C spectrum licence transfer deal

Telecoms & Networks

Icasa schedules hearings on Cell C spectrum licence transfer deal

Lindsey Schutters 10 Sep 2024

Image source: Andriy Popov –

Labour Law & Unions

Importance of consensus in retrenchment consultation process

Amandla Makhongwana 10 Sep 2024

Image source: rawpixel –

Corporate & Commercial Law

Distressed retailers: Why private equity funds should come to the rescue

Tobie Jordaan, Jutami Augustyn and Paras Shah 3 Sep 2024

Solid production is bright spot on Implats results

Mining

Solid production is bright spot on Implats results

Lindsey Schutters 30 Aug 2024

Source: BAM Architects.

Insurance & Actuarial

Santam records improved performance in first half of 2024

30 Aug 2024

Agribusiness

Sustaining the agricultural engine in South Africa: Business rescue and informal restructuring

Tobie Jordaan 27 Aug 2024

The CCMA has dismissed a claim for unfair dismissal by a former Dis-Chem employee with cancer. Archive photo: Ashraf Hendricks/GroundUp

Labour Law & Unions

In sickness and in health: What can workers expect from their employer if they are too sick to work?

Tania Broughton and GroundUp Staff 14 Aug 2024

Image source: Vitaliy Vodolazskyy –

Labour Law & Unions

Landmark ConCourt judgment reinforces employee rights in transfer case

Ali Sonday 12 Aug 2024

Source: ©ExpatCapeTown.com The journalists affected by the closure of four Media 24 print newspapers will be retained by the company

Newspapers

Media24 to retain the 66 journalists affected by newspaper closures

1 Aug 2024

Anglo American Platinum interim results show more headwinds in the PGM market

Mining

Amplats posts mixed results as local job cuts loom

Lindsey Schutters 23 Jul 2024

Ogilvy: "Internal comms: How Telkom built engagement for success

Advertising

Ogilvy: "Internal comms: How Telkom built engagement for success

Samantha Presbury & Mooketsi Mocumi, Issued by Ogilvy South Africa 19 Jul 2024

Understanding citizen’s service delivery concerns, voter outcomes and consumer behaviour

Inclusion, Empowerment & Social Justice

Understanding citizen’s service delivery concerns, voter outcomes and consumer behaviour

Craig Schwabe, Issued by AfricaScope/GeoScope 15 Jul 2024

Media

Media24 says S189 will continue as it awaits Competition Commission ruling

15 Jul 2024

Source: The Rural Healthcare Advocacy Project.

Healthcare

A holistic approach will build a stronger rural healthcare system

12 Jul 2024

Source: Facebook/Bidvest Premier Lounge. Mpumi Madisa, the group chief executive of Bidvest Group. She has held this position since July 2020 and continues to lead the company through its growth and strategic initiatives?.

Banking

Bidvest Bank, FinGlobal up for sale

9 Jul 2024

Sibanye-Stillwater has shed 8% of its workforce since January 2023

Mining

11,000 jobs lost in 18 months at Sibanye-Stillwater

Lindsey Schutters 3 Jul 2024

Source: @GovernmentZA/X. SA's continued finance minister, Enoch Godongwana.

Finance

Godongwana holds onto Finance Ministry in new Cabinet

Katja Hamilton 1 Jul 2024

Rainbow Chicken lists on JSE

Agro-processing

Rainbow Chicken lists on JSE

Nelson Banya 26 Jun 2024

Rosond has expertise in surface exploration and underground drilling

Mining

Compcom approves Rosond Holdings deal days after Saudi expansion

Lindsey Schutters 13 Jun 2024

RCL Foods edges closer to spinning off poultry business

FMCG

RCL Foods edges closer to spinning off poultry business

Nelson Banya 6 Jun 2024

Source: © SA People Ster-Kinekor has only closed two of its cinemas instead of the anticipated nine

Film & Cinematography

Ster-Kinekor only closes 2 cinemas, not 9

5 Jun 2024

International Accounting Standards Board proposes new disclosures for business acquisitions

Accounting & Auditing

International Accounting Standards Board proposes new disclosures for business acquisitions

Madelie Olivey CA(SA, Issued by SAICA 4 Jun 2024

It’s business as usual at medical schemes

Medical Aid

It’s business as usual at medical schemes

Issued by Bonitas 4 Jun 2024

Mental health

Nurturing mental health in the workplace

4 Jun 2024

Source: Donald Van der Merwe, programme executive at Old Mutual Africa.

Fintech

Old Mutual Africa transforms finance with Microsoft Dynamics

23 May 2024

Image source: Rabia Elif Aksoy –

Tax Law

Selling shares at a discount for B-BBEE benefits is not a donation

Graeme Palmer 21 May 2024

In February 2022, Sibanye-Stillwater successfully concluded the €85m transaction to acquire French mining group Eramet’s Sandouville hydrometallurgical nickel processing facilities near Le Havre, France’s second largest industrial port.

Markets & Investment

Sibanye Q1 update progress on safety, restructuring planned

Lindsey Schutters 10 May 2024

Image supplied. Last year's African Banker Award. the African Banker magazine’s African Banker Awards nominees have been announced for this year

Banking

3 women nominees for African Banker Awards Banker of the Year

7 May 2024

Economy

African countries can’t resolve their debt crisis under a system rigged against them

Carlos Lopes 6 May 2024

Penquin restructures to elevate business and drive innovation

PR & Communications

Penquin restructures to elevate business and drive innovation

Issued by Penquin 25 Apr 2024

Deadline extended: Arts & Culture Trust Thuthukisani Programme Atologa 2024

Art

Deadline extended: Arts & Culture Trust Thuthukisani Programme Atologa 2024

24 Apr 2024

Reclaim the City demonstrated outside the Western Cape High Court in 2020, calling for the Tafelberg site to be used as affordable housing. Archive photo: James Stent / GroundUp

Land & Property Law

Housing activists lose Tafelberg case

Tania Broughton 15 Apr 2024

Mining

Sibanye-Stillwater to cut 4,000 jobs in underperforming gold business

Nelson Banya 12 Apr 2024

Mining

Sibanye-Stillwater focuses on balance sheet, seeks metal steaming deals

Felix Njini 10 Apr 2024

Source: Supplied. African Bank chief executive officer, Kennedy Bungane.

Banking

R600m to be paid to funders of legacy African Bank

11 Apr 2024

Minister Ramokgopa visiting Kendal Power Station in Mpumalanga as part of a programme to address challenges at six identified power stations which are facing challenges.

Renewables & Energy Efficiency

18 months into EAP, strides made in curbing electricity crisis but challenges remain

Lindsey Schutters 1 Apr 2024

Steinhoff's former Chief Executive Markus Jooste appears in parliament to face a panel investigating an accounting scandal that rocked the retailer in Cape Town, South Africa, September 5, 2018. REUTERS/Mike Hutchings/File Photo

Corporate & Commercial Law

SA regulator fines former Steinhoff CEO for accounting fraud

Nqobile Dludla 21 Mar 2024

Source: Supplied.

Healthcare

To tackle poverty, Africa needs welfarist policies and people-centred development - Adesina

4 Apr 2024