SAAC acts for companies in financial distress throughout the Eastern Cape. We are licensed by the Companies and Intellectual Property Commission and we take appointments across the province, from the automotive corridor around Gqeberha and East London through to the agricultural districts and the former Transkei.
No obligation. Speak to a licensed practitioner today.
A business rescue practitioner is licensed nationally, not provincially. One licence carries across every division of the High Court, so the practitioner you appoint does not have to be based in your town. What matters is whether they understand the business, the sector and the creditors you are dealing with.
The provincial picture is severe and it is getting worse. Official unemployment in the Eastern Cape rose to 44.6 per cent in the first quarter of 2026, up from 42.5 per cent in the preceding quarter, and the expanded rate has reached 63.1 per cent. The province shed a further 43,000 jobs over that period.
Sixteen of the province's thirty-nine municipalities are officially in distress and cannot reliably deliver water, electricity or roads. For a manufacturer or a processor, that is not a governance story. It is a direct operating cost, an interruption to production, and in many cases the reason a viable business stops being able to meet its obligations.
Automotive manufacturing is the single largest contributor to Eastern Cape GDP, and it is under real pressure. The province's auto hub has taken the brunt of national manufacturing job losses, and during 2026 a major vehicle plant has been reported as facing closure. When an assembler cuts volumes, the damage travels straight down the supply chain to component makers, logistics operators and the service businesses around them.
Areas we act in: Gqeberha, East London, Makhanda, Mthatha, Queenstown, Uitenhage, Jeffreys Bay and Port Alfred, and elsewhere in the Eastern Cape.
Applications and court matters arising from a rescue in this province are dealt with in the Eastern Cape Division of the High Court, which sits at Makhanda as its main seat and also at Gqeberha, Bhisho and Mthatha.
You are not alone. Thousands of South African business owners face these pressures every year — and most can be resolved through business rescue if you act in time.
When cash flow dries up, creditors are at your door, or liquidation feels unavoidable, it is overwhelming. You have invested years — sometimes decades — building your company. The thought of losing it all is devastating.
But there is still a way forward — if you act now. Business rescue under Chapter 6 of the Companies Act provides a legally protected pathway to restructure, stabilise, and recover. SAAC has guided over 130 companies through this process.
The single most important thing you can do right now is speak to a licensed practitioner. It costs nothing to have that conversation, and it could save everything.
Talk to a Practitioner NowWe specialise in helping South African companies avoid liquidation and regain stability through proven, legally structured rescue strategies.
Immediate moratorium on creditor claims under Chapter 6 of the Companies Act — buying you the time and space to restructure.
Bespoke business rescue plans developed by experienced practitioners — realistic, legally compliant, and stakeholder-approved.
Expert negotiation with banks, SARS, suppliers, and landlords to restructure debt and preserve stakeholder value.
Operational restructuring, cash flow management, and post-rescue support to restore profitability and long-term stability.
From your first confidential call to full recovery, we guide you through every step of the business rescue process.
We start by understanding your unique situation — finances, creditors, operations, and options — in complete confidence.
We develop a legally compliant rescue plan designed to stabilise your business and protect employees, creditors, and shareholders.
We handle all creditor negotiations, court filings, and legal protections — so you can focus on running the business.
We guide you through execution, monitor progress, and provide ongoing support until your business is back on solid ground.
Having gone through the same experience of starting SAAC, I feel your pain. I can remember those days and nights when business demanded too much — up early trying to crack problems, often pondering if success would come tomorrow. It's understandable, but now you know you are not alone. This is where SAAC comes in: so that one does not ever arrive at such a point, overpowered or left in darkness when business challenges hit.
Big businesses or small, no matter the industry, we stand as a reliable ally. We do more than business rescue, restructuring, or distressed turnarounds — we provide something invaluable: hope and support when things are tough.
Every business is different, but some questions come up again and again. Here are quick answers to help guide your next step.
Every day you delay, your options narrow and risks grow. Business rescue is only available to companies that are financially distressed — not yet insolvent. The window to act is now.
Our practitioners are available for immediate consultation. Call, email, or visit one of our offices.
West Tower, 2nd Floor
Nelson Mandela Square
Maude Street, Sandton 2146
Ground Floor, The Vineyard Office Park
Building 2B, Devon Valley Road
Stellenbosch 7600