
[TOP STORY] Surge in struggling SA businesses as liquidations rise by 34.6%
Loading player...
‘If a company is unlikely to pay its debt or unlikely to be solvent in the next six months, then it's a prime candidate for business rescue. The purpose of that business rescue would be to avoid that company going into liquidation,’ says Vincent Manko, director of the Dispute Resolution at Cliffe Dekker, Hofmeyr.