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Less than a week after the fall of South African president Jacob Zuma, eight companies owned by a controversial Indian family said to have been linked to him have filed for insolvency protection in the country.
26 February 2018
South African telecoms company Cell C has completed its financial restructuring after a US bankruptcy court agreed to recognise and enforce an order entered by the South African High Court, which will cut the company's debt by about US$1.3 billion.
11 August 2017
A South African telecoms company that branded itself a “consumer champion” in the race to expand data access to low income customers in the country has sought US recognition of its court-supervised restructuring.
28 June 2017
South African clothing retailer Edcon has finalised the restructuring of its 29 billion rand (US$2.1 billion) debt burden following court approvals in Johannesburg and New York.
07 February 2017
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