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TMA SA Newsletters

  • 26
  • Aug
By Bruce Berry, CEO of TMA-SA Well, here we are at the end of winter already. Will it be remembered as South Africa’s “Winter of Discontent”? In purely economic terms, the hard lockdown in 2020 was probably worse as the overall GDP growth in 2020 was -7,0%. The forecast for…
  • 29
  • Jul
Meet TMA-SA member - Amanda Pyne-James, TMA-SA Chapter Administrator Looking back at your youth… I was born in Johannesburg and grew up in Bryanston, but spent my school years at Eunice Girls School in Bloemfontein. After matriculating I achieved a Diploma in Administration and Event Management. I am an entrepreneur…
  • 29
  • Jul
Meet TMA-SA member - Refilwe Ndlovu, Business Rescue Practitioner at Chrisyd Advisory Services Tell us a bit about your childhood I was born and raised in Soweto. I grew up in a warm family environment with little financial resources but lots of love, laughter, and support. Growing up in the…
  • 29
  • Jul
By Bruce Berry, CEO of TMA-SA They say a week is a long time in politics … so the last month must have felt like an eternity for South African politicians! It certainly was tumultuous and a month which certainly changed the political dynamics in this country. The effects of…
  • 24
  • Jun
As part of his PhD research Dr. Keith Fairhurst analysed data extracted from business rescue plans and business rescue documents published during the business rescues of 104 privately owned South African companies that had entered business rescue since 2011. A focus of the analysis was the amount of shareholding held…
  • 24
  • Jun
CASE NOTE ON VAN ZYL V AUTO COMMODITIES (PTY) LTD (279/2020) [2021] ZASCA 67 (3 JUNE 2021) In the case of Van Zyl v Auto Commodities (Pty) Ltd (279/2020) [2021] ZASCA 67 (3 June 2021), the Supreme Court of Appeal had to settle the debate of whether or not the…
  • 24
  • Jun
By Bruce Berry, CEO of TMA-SA The “Third Wave” is here so I do hope this finds everyone keeping safe and following all the safety protocols. The infection rate is rising, and we all need to do our bit to contain the spread of the virus. Having just passed the…
  • 27
  • May
By Pat Pattinson, COO TMA-SA Based on the latest statistics as published by Statistics SA on the 27th of April 2021 it is undeniable that South African business owners are still battling the aftermath of COVID-19. The hardest hit was the small to medium-sized businesses, some of which were struggling…
  • 27
  • May
By Bruce Berry, CEO of TMA-SA It is difficult to believe that we are almost halfway through 2021 already. The good news is that there are signs of economic recovery with the overall outlook looking more favourable than it was a few months ago. Consumer spending is up, following the…
  • 29
  • Apr
By Sipho Sono, Director at OPIS Advisory, a turnaround practitioner and a senior business rescue practitioner. When the Companies Act 71 of 2008 (“the Companies Act”) was brought into operation in 2011, a number of transitional arrangements were enacted, including inter alia the retention of chapter 14 of the repealed…
  • 29
  • Apr
By Pat Pattinson, Senior Business Rescue Practitioner, COO of the TMA-SA and PTP I recently added a poll to LinkedIn, and I thought I would follow up with an article for further debate. The poll question was: “Is a Business Rescue Plan a confidential document or should we be allowed…
  • 29
  • Apr
By Bruce Berry, CEO of TMA-SA Well, here we are at the end of what is South Africa’s month of public holidays. I do hope that those of you who had the opportunity to get away had an enjoyable break. We have been fortunate that the predicted post-Easter increase in…

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