Strategic Transformation in South African State-Owned Enterprises: The Inception and Impact of State Asset Management SOC Ltd
Tiaan had the privilege of being invited as a guest contributor by The South African Institute of Taxation (SAIT) for its Jan/Feb 2024 edition of TaxTalk. In this contribution, where he coins the phrase "SAM," he scrutinises the Strategic Transformation in South African State-Owned Enterprises through the inception and impact of State Asset Management SOC Ltd. This analysis explores both the visionary prospects and the considerable hurdles SAM encounters, urging a balanced discourse on its practical implementation and the path forward for reforming South Africa's economic entities.
Read the contribution here.
North Gauteng High Court places South African Post Office under business rescue
The South African Post Office has been placed in business rescue by the North Gauteng High Court. This is after it was placed in provisional liquidation in February due to its failure to pay rent and other liabilities. Meanwhile, the Acting Minister of Communications and Digital Technologies, Enoch Godongwana has welcomed the decision of the North Gauteng High Court and says this decision will give SAPO the much needed time and space to restructure its affairs. SAPO business rescue starts immediately. Sakina Kamwendo spoke to Tiaan Herbst from the Southern African Advisory Company
SA business liquidations on track for record low in 2023
News24’s, Willem Brederode, asks SAAC why SA business liquidations for 2023 is a record low in 2023
Read here
Finance: Ponzi, pyramids, and pensions: The BHI heist
Africa Melane (702 fm) is in conversation with Tiaan Herbst, defining the term "Ponzi Scheme” - and looking at some examples, following the recent arrest of Craig Warriner, who is quickly becoming known as the mastermind behind a 3.2-billion-rand Ponzi scheme.
SA business liquidations show promising decline in 2023
Noluthando Mthonti-Mlambo speaks to Tiaan Herbst, Certified Business Rescue and Turnaround Practitioner at the Southern African Advisory Company about business liquidations in South Africa.
By: Noluthando Mthonti-Mlambo 27 June 2023
Business rescue: How to protect your SME
Rescue practitioner Tiaan Herbst on what small and medium-sized enterprise owners should know about the business rescue process – from how to use it as a lifeline to what to do if they are a supplier to a company going into business rescue.
By Akhona Matshoba 11 May 2023