Stefanutti Stocks, whose funding requirements jumped to almost R1bn earlier this year mainly due to non-payment by clients, has appointed a team to develop a restructuring plan as the group battles to stay afloat.

The team will also be tasked with trying to secure additional cash...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now