chamberCape Town Chamber of Commerce Events

coc-jhb

Johannesburg Chamber of Commerce Events

commerceDurban Chamber of Commerce Events

Industry Thought LeadershipIndustry Thought Leadership

ilo

Anglo AmericanCorporate Platinum Sponsor

General 

Business rescue at Basil Read sees significant reduction in staff complement, with just 17 left at HQ

Posted by   

BasilReadMoneyweb reports that the rescue of listed group Basil Read’s construction business has run into “significant challenges”, including the withdrawal of R40 million in post-commencement financing, lower than expected revenue, and slow progress in the sale of non-core assets.  

Source: Latest News