ANALYSIS: Eskom unveils next stage of restructuring and turnaround plan

2019-08-26 13:30

A leaked Eskom vision and strategy document, apparently prepared by the Boston Consulting Group for Eskom, has revealed the next steps of a long-awaited restructuring and turnaround plan for the embattled utility.

Deutsche Bank is about to undergo its biggest restructuring ever. Here's what we know about what's going on at the German bank.

2019-07-06 13:39

The CEO of Germany's biggest bank is expected to announce a massive overhaul on Sunday. It's been a rough few years for the beleaguered lender.

Naspers is listing Europe's biggest consumer internet company - here's what you need to know

2019-03-25 13:52

Naspers on Monday announced that it is creating a new company that will hold all its overseas internet companies.

Ferial Haffajee: You are going to pay more for Eskom’s capture – and it’s not going to be broken up anytime soon

2019-02-07 13:36

Don't hold your breath for Eskom restructuring as a solution, says Ferial Haffajee.

Independent Media confirms restructuring amid talk of job cuts

2018-10-25 16:26

Independent Media has kicked off a restructuring process affecting multiple divisions, in a bid to "streamline operations and optimise its efficiencies", it told Fin24.

ABSA reorganises retail bank's structure to trim top jobs

2018-06-29 16:30

Barclays Africa Group has largely completed the restructuring of its South African retail and business banking unit’s executive team and filled most of the newly created positions.

Cosatu concerned that SAA cost-cutting will lead to jobs bloodbath

2017-11-17 21:00

It's all good and well to cut costs at SAA, but what about those who will lose their jobs, Cosatu has asked Parliament.

Perception and timing crucial in business restructuring

2017-07-05 12:13

The sooner a company acknowledges that it’s in trouble and starts trying to do something about it, the more options it has available to turn the ship around.

Airbus shares more about integration

2016-11-29 18:51

Airbus Group has provided its European Central Works Council with further details on the company’s planned integration.

Solidarity: Telkom to cut 7 800 jobs

2015-06-09 17:06

Trade union Solidarity says telecoms company Telkom plans to shed 7 800 jobs within two months.


Steinhoff wants more time to complete restructuring

2019-08-08 13:00

Steinhoff International Holdings wants to extend the date for the completion of the group's restructuring, according to a note to shareholders.

Tiso Blackstar cutting jobs to avoid title closures - internal email

2019-05-07 17:29

The email says that the company has proposed "broad restructuring of its editorial operations as a result of economic headwinds".

Hundreds of jobs at risk as Absa revamps retail bank

2019-03-07 07:42

Absa Group is restructuring its South African retail and business banking unit within months of reducing the division’s management team and rolling out a new strategy.

Gautrain partner Bombardier is firing 5,000 employees, just as SA is looking for new trains

2018-11-09 10:56

Canadian train company Bombardier announced a major overhaul of its business on Thursday, just as the Gautrain is the market for new trains.

Steinhoff International wants to complete restructuring as soon as possible

2018-10-21 15:34

Steinhoff International says in excess of 85% of the group's financial creditors have confirmed their support of a proposed extension of a long-stop date.

Patel prepares red carpet for Old Mutual emerging market HQ

2018-01-10 19:39

Minister of Economic Development Ebrahim Patel has welcomed Old Mutual's decision to establish South Africa as the base for all its emerging market operations.

Restructuring to save AngloGold’s SA business - report

2017-08-23 13:50

For the remainder of the year, AngloGold Ashanti will be focusing on its restructuring strategy, which will cost 8 500 miners their jobs.

Cell C rejects Telkom's offer to purchase

2017-02-23 13:34

Embattled mobile network Cell C has turned down an offer to purchase from Telkom, saying that transactions with JSE-listed Blue Label Telecoms are still taking place.

Cost saving tips for businesses in 2016

2016-01-20 13:30

The unpredictable economy makes for a tough year ahead. Businesses may consider restructuring and letting people go to cut costs. However, there are other ways cut costs.

Telkom: Union ‘misrepresented facts' of court order

2015-02-26 12:16

The telecoms network has hit back at a statement made by a union regarding a Johannesburg Labour Court order.

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