business rescuelatest news & developments

Financial Mail - 10 September 2026

Plagued by dysfunction, mounting debts, and business rescue, the South African Post Office faces an existential question: can the state-owned postal service still find a purpose?

Time to pack it in: Does South Africa even need a Post Office?

Plagued by debt, branch closures and competition from private couriers, is it time for the Post Office to pack it in?

Business rescue

Urgent telegram for the auditor-general

The South African Post Office BRPs are pushing the envelope of credibility in their handling of the struggling state entity

FTX ship. Rawpixel/Currency collage

The weird insolvency of FTX, and its link to South Africa

When a business rescue starts rescuing the rescuers, you know the system isn’t working in favour of the company and its real creditors

Business rescue. Rawpixel/Currency collage

Death by neglect: how Pretoria killed two business rescues

Chronic government passivity, inactivity and neglect mean that both the South African Post Office and sugar group Tongaat face liquidation

Business rescue

Don’t blame the business rescue practitioner!

Honesty and fast action on the part of a company’s board would go a long way to making business rescue – if it comes to that – successful

Murray & Roberts bankers

Did the banks implode Murray & Roberts?

Did a decade of poor decisions kill the construction icon, or was it the decision by its bankers to pull the plug?