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Turnaround Management Association Southern Africa

TMA SA is a forum for professionals from all disciplines engaged in the corporate renewal activities of business transformation, turnaround and business rescue.
The TMA has 57 chapters worldwide

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What is the TMA SA?

Find out more about TMA SA the Turnaround Management Association of Southern Africa

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Are you a Business Rescue practitioner?

If you are a Turnaround or Business Rescue practitioner join the TMA

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Need a Business Rescue or Turnaround practitioner?

View our directory of TMA SA members and find your nearest practitioner.

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Do you want to work in Business Rescue?

For more information on how to become a practitioner please get in touch with us.

TMA-SA NextGen

The Latest Articles

  • Is the Test for Reasonable Prospect objective or subjective?
    Business rescue has been in operation since May 2011.  The current statistics indicate that since May 2011, approximately 2040 entities have been placed into rescue.  Of these, approximately 1 100 are still in business rescue.  The statistics indicate that approximately 280 were substantially implemented. The purpose of this article is…
  • Business rescue gives troubled firms breathing space - Saturday Star June 2016
    BUSINESS rescue legislation has opened many new avenues for underperforming or distressed businesses in South Africa, according to the Turnaround Management Association - Southern Africa (Chapter) (TMA-SA). “Business rescue is the legal process in which a financially distressed company is given a ‘breathing space’, a moratorium, to organise its affairs,…
  • Testimony to business turnaround success - Saturday Star June 2016
    THE turnaround of Eagle Software’s fortunes is a good example of a successful business rescue operation. Eagle Software was founded in February 1995 by five IT industry experts to offer specialised information technology consulting to the South African large scale private and public sector computer departments. The company revolved to…
  • Testimony to business turnaround success - Cape Times June 2016
    THE turnaround of Eagle Software’s fortunes is a good example of a successful business rescue operation. Eagle Software was founded in February 1995 by five IT industry experts to offer specialised information technology consulting to the South African large scale private and public sector computer departments. The company revolved to…

Frequently Asked Questions

Who is the TMA SA for?
TMA SA is a voluntary association providing a forum for professionals from all disciplines engaged in the corporate renewal activities of business transformation, business turnaround and business rescue.
What are the benefits of membership?
TMA SA affords members numerous benefits including networking opportunities, events, knowledge, education and promotion of professionals operating in the business rescue and turnaround.
Is TMA in other countries?
The Turnaround Management Association - Southern Africa (TMA-SA) is an international affiliate of the Turnaround Management Association (TMA). TMA-SA members share in knowledge exchange and networking with TMA.
Does TMA SA have a Code of Conduct?
The TMA SA Code of Professional Conduct covers a wide range of business practices and procedures and sets out basic principles to guide all members and officers of the Company.
How do I regsiter for membership?
Complete and submit the electronic Membership Application form. If you have any further questions you are welcome to contact the Administrator for details about registration.
What is Turnaround Professional Certification?
The Certified Turnaround Professional (CTP) credential was designed to encourage professional excellence, provide an objective measure and recognition of expertise, and provide evidence of an individual’s commitment to the turnaround and corporate renewal industry. 
Who is eligible for CTP Certification?
Turnaround professionals from all disciplines who have passed the prescribed exams, in possession of a prescribed qualification, and with appropriate experience the turnaround of companies suffering financial distress.

Membership by Professions

Consultants39%
Lenders28%
Legal7%
Investors7%
Insolvency6%
Academic6%
Interim Management3%
Corporate Turnaround Managers2%
Managers2%

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