bankruptcy, insolvency and restructuring

1-4 of 4

LIQUIDATION AND PERSONAL INSOLVENCY FIGURES SHOW ECONOMIC RECOVERY
Tuesday, July 26, 2011
South Africa’s liquidations recorded for the second quarter of 2011 decreased by a solid 52.7% (from 1121 to 530) compared with the second quarter of 2010. The percentage change between June 2010 and June 2011 also showed a marked decrease of 58.8% (379 to 156) as recorded by Statistics SA.

INSOLVENCY STATISTICS ARE DRAMATICALLY LOWER: NUMBERS SUGGEST THAT ECONOMIC RECOVERY REMAINS ON TRACK
Thursday, February 24, 2011
In one of the largest percentage year-on-year declines on record, the number of insolvencies in South Africa declined by a steep 33% (from 5 724 in 2009 to 3 835 in 2010).

INSOLVENCY AND RE-STRUCTURING NEWSLETTER - 23 FEBRUARY 2009
Monday, February 23, 2009

AFRICA GROUP NEWSLETTER
Wednesday, January 10, 2007
South Africa has become the principal launching point for direct investment in other African countries, driven by transcontinental expansion by major parastatals and private corporations, including Eskom, Transnet, Spoornet, MTN, Vodacom and Standard Bank. [1] Foreign corporations also tend to use South African subsidiaries to venture into the rest of Africa – a notable example being the local subsidiary of Munich Re, the European insurance firm, now the largest South African investor in Mauritius

1-4 of 4

• Consumer Protection Act
• Proposed Labour Law Amendments
• New Companies Act
• NHI