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Gascoyne crumbles as it faces ‘material’ cash flow shortfall

By: Mariaan Webb     3rd June 2019 Only weeks after Gascoyne Resources turned to shareholders to raise A$20.6-million in an entitlement offer, it was announced on Monday that FTI Consulting had been appointed as voluntary administrators of the ASX-listed gold mining company. The administrators – Michael Ryan, Kathryn Warwick and... 

Amended Act a ‘second revolution’ for competition law in South Africa 

By: Terence Creamer     24th May 2019 The Competition Amendment Act, which was signed into law by President Cyril Ramaphosa in February, represents a “second revolution” for competition law in South Africa and will require practitioners to enter territory that is unchartered globally, Justice David Unterhalter argues. Speaking during... 

Goldman says Eskom's crisis leaves no time for unbundling plan  

By: Bloomberg     11th April 2019 South African President Cyril Ramaphosa’s plan to split the State-owned power utility into generation, distribution and transmission divisions will take longer than the government has to revive the business, according to Goldman Sachs Group. Eskom Holdings is focusing on trying to avoid... 

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