AHAS Financial & Turnaround Management

04/05/2026

https://businesstech.co.za/news/business/858955/over-370-businesses-in-south-africa-shut-down-in-just-three-months/

Liquidations in South Africa saw another sharp spike in March, rising 8% month-on-month, following a 40% surge in February.

31/03/2026

https://businesstech.co.za/news/lifestyle/855176/the-job-becoming-the-most-dangerous-profession-in-south-africa/

A highly respected job has now become a career fraught with intimidation and violence.

16/02/2026

Cell C is no longer technically insolvent according to its first set of financial results since listing on the JSE.

06/02/2026

Employees, as affected persons, can apply to have an employer put into business rescue.

Cashflow shortages is a sign of financial distress and the directors of companies need to comply with their Companies Act requirements in relation to informing parties of such distress.

For those registered with trade unions, the union can support the application to ensure employee rights are protected.

https://www.facebook.com/share/p/15qZaMtfLY/?mibextid=wwXIfr

The number of employers ― including municipalities ― that have defaulted on pension, medical aid, provident and retirement fund contributions has doubled in a year, affecting nearly 600,000 employees with outstanding contributions exceeding R7bn.

Link in comments.

07/11/2025

A reminder to accountants to educate their registered company clients not only about business rescue, but also potential personal liability when trading insolvent.

Legal, insurance and restructuring leaders convene to guide directors on financial distress risks.

03/11/2025

https://businesstech.co.za/news/business/841084/the-job-becoming-one-of-the-most-dangerous-professions-in-south-africa/

What was once viewed as a highly technical and administrative job has now become a career fraught with threats, intimidation, and even violence.

30/10/2025

https://businesstech.co.za/news/business/841343/another-145-businesses-shut-down-in-south-africa/

South Africa experienced another spike in business liquidations in September, with another 145 companies added to the pile of closures, taking the running total to 1,180 in 2025 so far.

30/05/2025

Could early business turnaround/rescue interventions have made a difference?

Possibly.

It is noteworthy to mention that employees are affected persons per the Companies Act and as a result can apply to the courts, when there is a reasonable prospect of rescuing the business, to have the business placed under court ordered rescue.

There is power in the law, use it when it is the right thing to do and for the benefit of society at large.

South Africa has seen another 109 business liquidations in the month of April 2025, taking the total number of closures to 482 for the year so far.

12/05/2025

https://mybroadband.co.za/news/government/593934-lifeline-to-save-the-sa-post-office.html

The Post Office has secured Temporary Employer/Employee Relief Scheme funding to subsidise nearly 6,000 employee wages over six months.

08/04/2025

We offer business rescue services and make use of all available avenues to help uour business recover to financial viability.
https://www.facebook.com/share/p/18vqdPmfP8/?mibextid=WC7FNe

ADVERTORIAL: UIF INCREASES TERS BUDGET TO HELP BUSINESSES IN DISTRESS AND PREVENT JOB LOSSES