No chance of Pinnacle Point dividend

2014-12-01 11:31

The liquidators of Pinnacle Point Group do not believe there is any prospect of a dividend to creditors or shareholders at this stage.

Acsa blamed for 1time demise

2012-11-08 19:54

The Airports Company of SA has been blamed for low-cost airline 1time's demise.

Solidarity: British wanted to buy 1time

2012-11-05 16:41

1time was about to be sold to British low-cost airline FastJet before it applied for liquidation, says Solidarity.

Hundreds stranded as 1time cans flights

2012-11-02 16:35

Hundreds of passengers have been left stranded as bankrupt airline 1time cancelled all flights with immediate effect.

Velvet Sky liquidation application postponed

2012-02-24 14:24

Velvet Sky, which allegedly owes BP Southern over R29m, has been given until March 5 to respond to BP's application to provisionally liquidate the airline.

Mercury goes under

2011-04-07 00:00

Mercury Media, a media-buying and planning agency that claimed billings of R500m a year ago, has gone into voluntary liquidation, leaving R94m owing to creditors – specifically media owners who are members of Media Credit Co-ordinators (MCC).

Number of failed firms up in May

2010-06-28 15:17

The total number of liquidations recorded for the first five months of 2010 has increased by 2.8% from 1 640 to 1 686 compared with the first five months of 2009.

More businesses going bankrupt

2010-04-26 16:02

The total number of liquidations recorded for March 2010 have increased by 18.2% - from 347 to 410 - compared with March 2009, Statistics SA says.


New business heroes?

2013-03-03 10:01

Marius Pretorius presents scenarios for the business rescue industry.

1time officially under liquidation

2012-11-07 17:06

1time was granted provisional liquidation by the High Court in Pretoria, says the company.

Help at hand for some 1time passengers

2012-11-04 10:50

As the news of 1time's liquidation broke, some passengers were left stranded and frustrated, but there will be help for some.

Provisional liquidation for Velvet Sky

2012-05-11 15:07

Velvet Sky airline was placed under provisional liquidation in the KwaZulu-Natal High Court.

SA spy ‘a trillionaire'

2011-07-17 10:00

A senior intelligence official was the driving force behind a secret R200m rescue package to save beleaguered Pamodzi Gold.

Golf estate giant faces liquidation

2011-02-17 06:30

Investec has submitted a court application for the liquidation of a prominent golf estate developer.

Liquidations on the rise

2010-05-24 15:23

The total number of liquidations recorded for April 2010 has increased by 2.6% compared with April 2009, says Statistics SA.

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