ven before the coronavirus pandemic broke out, arguably the most prominent business rescue in the country had already made headlines: that of South African Airways (SAA), which after more than a year is still not finalised. More recently, Ster-Kinekor became the latest high-profile company to announce it has gone into voluntary business rescue. South Africa has seen a large number of prominent - and less prominent - business rescues in recent months, particularly as the impact of the Covid-19 hits home. And as the effects of lockdowns since April 2020, and the threat of third and fourth waves looms large this year, many companies and businesses in distress may find themselves opting for business rescue in a bid to survive.
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