Turnaround Management Association - Southern Africa

News from the forum for turnaround and corporate renewal professionals - established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround in Southern Africa.

Wednesday, April 25, 2007

Programme: Managing a turnaround

Wits Business School

Date: 14 - 18 May 2007.

Venue: Wits Business School.

Programme details and application form: Click on Managing a Turnaround 2007 brochure.

Cost: R14 300 includes tuition, instruction material, workbook, refreshments and lunches.

Discount for TMA-SA members: Not available anymore.

Enquiries: Debbie Sachs: email or phone 011 717 3637.

Turnaround Management Association - Southern Africa

MANAGING A TURNAROUND

This five-day programme (with the last day being a workshop) provides participants with an insight into the various stages and processes of turnaround management.  Definition, stages of a turnaround, rapid appraisal and detailed analysis, recovery plan development and implementation will be covered.   The financial, legal, internal and external; politics and human considerations are evaluated in depth.   The people who have led successful South African turnarounds present their case studies.

The Programme Outline

  • How turnarounds differ from “normal” management.
  • Typical stages of a turnaround.
  • Rapid appraisal of a situation, crisis management and emergency actions.
  • Stabilisation.
  • Detailed analysis and recovery plan development.
  • Rehabilitation or “return to normal”.
  • Legal aspects of a turnaround.
  • Financial aspects.
  • Marketing Aspects.
  • Managing working capital.
  • Internal and external political considerations.
  • Change management.
  • Human resource leadership in a turnaround.
  • Managing stakeholders.
  • Early warning signals.
  • Lessons from bitter experience.
  • Case studies from private sector, parastatal and government.

Who should attend?

The programme is designed for all those individuals, CEOs and managers currently involved in or likely to be confronted with turnaround situations or teaching relevant subjects.


This invitation was brought to you by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

For more information, see Turnaround Events.

TMA-SA May lectures series: Business rescue legislation panel discussion

Date: Thursday 3 May 2007.

Time: Social from 17h30 for talk from 18h30 until 20h30.

Venue: Building 3, Deloitte Place, The Woodlands, Woodlands Drive, Woodmead, Sandton.

Map to event: (54k).

Invitation: (29k)

Topic: Business rescue legislation panel discussion.

Panelists and programme

  • Opening remarks by the Chairman Judge Ralph Zulman.  Judge Ralph Zulman is a well-known supporter of new business rescue legislation, and was a panelist at the dti's business rescue legislation discussion at the Companies Bill conference in March 2007.
  • Panelists (about 10 minutes each)
    • The business rescue process (commencement, supervisor appointment, business rescue plan publication and approval, critical path, termination) by Jan van der Walt. Jan is a member of TMA-SA and ABASA and contributed to the submissions of both organisation to the dti on the draft legislation.
    • The supervisor (who is he/she?; need for regulation, admission criteria, exam, etc.) by John Evans.   John is a member of TMA-SA and ABASA and contributed to the submissions of both organisation to the dti on the draft legislation.
    • Impact on banks (creditors not appointing the supervisor, shift in decision-making power away from secured creditors, Banks' secured lending base will be eroded, etc.) by Martin Leigh.   Martin is a member of the Banking Council and ABASA and contributed to the Banking Council submission to the dti on the draft legislation.
    • Impact on the liquidation industry by Hans Klopper.   Hans is a member of AIPSA.
    • The academic perspective (debtor-friendly company business rescue legislation vs. creditor-friendly present and future insolvency legislation, etc. by David Burdette.   David is a insolvency law expert, member of TMA-SA, ABASA and AIPSA, and contributed to the submissions of both organisation to the dti on the draft legislation.
  • Floor discussion - questions to panelists and open debate.  Keith Braatvedt is the additional panelist to answer legal questions.  Keith is a member of TMA-SA and AIPSA and contributed to the TMA-SA submissions to the dti on the draft legislation.
  • Closure by Chairman.

Cost: R50 for TMA members, R100 per person for non-members.

Welcome: All TMA members, prospective TMA members and the general public.

Please feel free to forward this invite to colleagues and clients who may be interested in turnarounds.

Please RSVP by Monday 30 April to Lynne at or 011 9642 895.  Those who require invoices for the cost should request these from Lynne.


This invitation was brought to you by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

For more information, see Turnaround Events.

Thursday, April 19, 2007

AIPSA conference on Companies Bill, 2007

Date: Friday 11 May 2007.

Time: 10:00 for 10:30 to 15:00.

Venue: Auditorium at Routledge Modise Attorneys, 22 Fredman Drive, Sandton.

Topic: Companies Act and Business rescue discussion

Speaker: The topic will be presented by Professor David Burdette and Dr Sulette Lombard from Faculty of Law of the University of Pretoria with specific emphasis on insolvencies and company rescue.

Cost: Cost R285.00 per person (VAT included) and inclusive of coffee / tea together with light refreshments on arrival, lunch and afternoon coffee / tea.  The cost will also cover the handouts of the presentations.

Limited seats are available and you are requested you to reply by 3 May 2007 to

On receipt of your acceptance of the invitation an invoice will be issued to you/ your employer to be settled prior to attendance.

There is ample parking available in the building and we have arranged the times of the presentation to limit the possibility that delegates will encounter traffic problems.

For those of you who wish to stay behind a cash bar will be available after the formalities have been concluded.


This invitation was brought to you by Turnaround Management Association - Southern Africa - the forum for turnaround and corporate renewal professionals in Southern Africa, established for purposes of information exchange, knowledge capturing, networking, education and raising the standards of turnaround.

For more information, see Turnaround Events.