Comair placed in provisional liquidation by high court

Kulula.com and local British Airways operator Comair was placed in provisional liquidation by the South Gauteng High Court in Johannesburg on Tuesday.  The liquidation is necessary for Comair to preserve its fleet of aircraft, valued at about R3.5-billion, for the...

Comair to be liquidated

Comair’s business rescue practitioners have lodged a court application on Thursday to convert the business rescue proceedings into liquidation proceedings. This is because the company could not raise the necessary funding to continue with operations. In a...

Company produces over 1Mt of corrosion resistant steel

Stainless steel manufacturer Columbus Stainless, based in Middelburg, Mpumalanga, says that it has produced more than one-million tons of its 3CR12 chromium-containing corrosion-resistant stainless steel for a variety of applications for local and international...