Tag: insolvent

South African municipality where the average person makes R319,600 is technically insolvent – BusinessTech

A recent Auditor-General (AG) report noted that the Matjhabeng Local Municipality is…

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Insolvent state-owned company in South Africa dishes out over R6.7 million in bonuses – BusinessTech

Executives of the embattled Road Accident Fund (RAF) gave themselves R6.74 million…

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How did Pick n Pay do it? From technically insolvent to growing sales in months

'Pick n Pay Clothing continued to accelerate and gain market share, with…

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SABC technically insolvent, uncertain if it will meet financial obligations

SABC’s CFO said the public broadcaster has been hurt by more and…

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Makwarela returns as Tshwane mayor after proving he’s no longer insolvent

Murunwa Makwarela is once again the Tshwane mayor after he produced a notice…

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Tshwane’s newly-elected mayor Murunwa Makwarela disqualified for being insolvent

The City of Tshwane currently has no mayor after newly-elected Murunwa Makwarela…

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Wife forced to include her assets in late husband’s insolvent estate

A deceased Gauteng man’s family did not know he was insolvent when…

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