Mozambican bidder pulls out after accusing Tongaat Hulett business rescue practitioners of 'bias'
Mozambican group RGS has pulled out of the race to acquire sugar group Tongaat Hulett.
Source: timeslive.co.za
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R19bn lost but BRPs want more billions to avoid Post Office closure
Though the South African Post Office has lost R19bn over the years, the entity’s business rescue practitioners are confident a bailout of R3.8bn could give it a fighting chance.
South Africa South African Anoosh Rooplal Juanito Damons African Post Office Sapo South African Post Office
Source: timeslive.co.za
5-million Sassa beneficiaries could stop getting grants at Post Office as entity BRPs decry millions lost
More than 5-million South African Social Security Agency (Sassa) beneficiaries receiving their grants at the South African Post Office (Sapo) might be forced to get their payouts elsewhere as the entity's business rescue practitioners have proposed the discontinuation of the service.
South Africa South African Anoosh Rooplal Juanito Damons African Post Office Sapo African Social Security Agency Sassa
Source: timeslive.co.za