SAAC acts for companies in financial distress throughout Gauteng. We are licensed by the Companies and Intellectual Property Commission and we take appointments across the province, from the financial and corporate centres of Sandton, Johannesburg and Pretoria through the industrial belt of Ekurhuleni and the steel towns of the Vaal Triangle to the mining districts of the West Rand.
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.
Gauteng's official unemployment rate was 34.6 per cent in the second quarter of 2026, up from 34.1 per cent in the first quarter, according to the Quarterly Labour Force Survey that Stats SA released on 11 August 2026. The province shed 22,000 jobs in the quarter and 92,000 over the year, and 2.7 million people in Gauteng were looking for work. The City of Johannesburg was worse than the province as a whole, at 35.9 per cent, with 90,000 fewer people in work than a year earlier. For a company director this shows up as weaker demand, slower collections and customers who delay orders. The largest provincial economy in the country is losing jobs while the number of people looking for work keeps rising.
Municipal failure is now a direct business cost in Gauteng. On 23 April 2026 the Minister of Finance wrote to the Mayor of Johannesburg that the City was in severe financial distress: creditors were owed R25.2 billion against cash of R3.9 billion, and the JSE had suspended the City's debt instruments in March. Johannesburg Water recorded 22 major outages between 31 December 2025 and 15 January 2026, 21 of its 98 reservoirs need urgent repair, and 27 per cent of the water it buys from Rand Water is lost before it reaches a meter. In the Vaal, Emfuleni carried R10.8 billion of debt in May 2026, most of it owed to Eskom and Rand Water, and its suppliers report invoices unpaid for more than 200 days.
Finance, real estate and business services is the largest sector in the province at 27.2 per cent of Gauteng's output, with manufacturing at 15.6 per cent and trade at 12.3 per cent, on Stats SA's 2024 provincial GDP figures. Gauteng produces 40 per cent of the country's manufacturing value added, and that is where the pressure sits. ArcelorMittal South Africa wound down its long steel business, including the Vereeniging works, in 2025, putting roughly 3,500 jobs at risk. In August 2026 it reported a R1.49 billion loss for the first half of the year. Johannesburg's office vacancy rate was 15.5 per cent in the first quarter of 2026 against a national 12.6 per cent, and 1,116 companies were liquidated nationally in the first five months of the year.
Areas we act in: Johannesburg, Pretoria, Sandton, Midrand, Centurion, Germiston, Kempton Park, Benoni, Vereeniging, Krugersdorp, and elsewhere in Gauteng
Applications and court matters arising from a rescue in this province are dealt with in the Gauteng Division of the High Court, which sits at Pretoria as its main seat and at Johannesburg as a local seat.
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