
Looking into the crystal ball of economic uncertainty: What can businesses in distress do?
February 7, 202432m 25s
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Show Notes
Businesses across Africa are facing several economic challenges, including high unemployment rates, slow economic growth, fiscal constraints, and structural issues. As a result of the ever-increasing level of corporate distress and uncertainty, business owners and lenders are curious to see what the new year will have in store for them. In this episode, well-known South African journalist and radio presenter, Michael Avery, hosts a discussion with a range of business rescue, restructuring, and insolvency specialists, including Jo Mitchell-Marais, Southern Africa turnaround and restructuring leader at Deloitte; Stefan Smyth, managing director of the Restructuring Advisory Practice at Kroll; Juliette de Hutton, co-head of Restructuring at Bowmans based in Cape Town; Joyce Mbui, Bowmans’ partner based in Nairobi; and Tobie Jordaan, Bowmans’ partner based in Johannesburg.