Business Rescue Practitioner · Cape Town

Business Rescue Practitioner
in Cape Town

SAAC is a firm of business rescue practitioners licensed by the Companies and Intellectual Property Commission, and we act for companies in Cape Town and across the Western Cape. Our Western Cape office is at The Vineyard Office Park, Building 2B, Devon Valley Road, Stellenbosch, and we meet clients in the city at Regus, Convention Tower, Heerengracht Street, Foreshore, by appointment. The first discussion is free and confidential.

100% Confidential
Immediate Availability
Nationwide Coverage
Licensed Practitioners (CIPC)
125+
Engagements
5,550+
Jobs Saved
17+
Years Experience

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Every day you wait, options narrow. Act now.
✓ Thank you! A practitioner will contact you within 2 business hours.
R395m
PCF Raised
144
Rescue Plans Co-authored
17
M&A Transactions

What the Cape Town economy is doing to companies right now

A business rescue practitioner is licensed nationally, not by city, so an appointment in Cape Town is filed and run exactly as it would be anywhere else in the country. Our Western Cape office is in Stellenbosch, and we meet clients in the city at the Regus centre named above, by appointment. Once appointed, the practitioner works at the company's own premises, with its books, its staff and its creditors, for as long as the matter needs.

In the second quarter of 2026 the City of Cape Town's official unemployment rate rose to 21.9 per cent, up from 21.4 per cent in the first quarter, according to Stats SA's Quarterly Labour Force Survey released on 11 August 2026. The metro shed 19,000 jobs in the quarter, and the Western Cape lost 48,000, the largest fall of any province. eThekwini, at 21.2 per cent, now has a lower rate than Cape Town. The city still compares well with the national rate of 33.6 per cent, but the direction has turned. For a director, that shows up as customers who pay late, staff who cannot be cut without cost, and a bank that reads the same numbers.

The Port of Cape Town was ranked last, 400th of 400, in the World Bank's 2025 Container Port Performance Index. In the 2025/26 season wind and port constraints forced about 55,000 tonnes of table grapes through Eastern Cape ports instead, and the grape and stone fruit industries put the cost at R3.2 billion and R1.05 billion. The Transport Minister said in August 2026 that average vessel waiting time had since fallen from 115 hours to 44.3 hours. The city's office vacancy rate was 6.0 per cent in the first quarter of 2026 against 15.5 per cent in Johannesburg, and the business process outsourcing sector added a record 11,496 jobs in 2025/26. None of that pays a manufacturer whose cash is sitting in a container on the quay.

The May 2026 floods killed ten people and displaced close to 90,000 across the province, and Hortgro put damage and lost production in pome and stone fruit at R6.3 billion. In August the Citrus Growers' Association cut its 2026 export forecast to 205.3 million cartons. Building plans passed in the Western Cape rose 5.6 per cent in the first half of 2026 to R17.8 billion, more than a third of the national total, yet nationally the seasonally adjusted value of residential plans fell 8.6 per cent between the first and second quarters. One production services company lost four projects worth about R822 million and 1,850 jobs in six months while the film rebate scheme stalled. Stats SA counted 1,361 liquidations nationally in the first half of 2026.

Areas we act in: Cape Town CBD, Century City, Epping, Montague Gardens, Paarden Eiland, Bellville, Durbanville, Somerset West, Stellenbosch, Paarl, Blackheath, Airport Industria, and elsewhere across the Cape metro. See also business rescue in the Western Cape.

Applications and court matters arising from a rescue in Cape Town are dealt with in the Western Cape Division of the High Court, Cape Town, which sits at 35 Keerom Street in the city centre. This is the court that hears an application to place a company under supervision under section 131 of the Companies Act, an application to set aside a board resolution under section 130, and any dispute about the practitioner's appointment or the plan. A voluntary rescue under section 129 does not start in court. The board passes a resolution and files it with the CIPC, and the court is only involved if a creditor or shareholder challenges it. Contested business rescue applications appear regularly on the Division's 2026 roll.

Port delays and diverted fruitA grape or stone fruit exporter carries the cost of every diversion to Gqeberha or Ngqura. Trucking, cold storage, and missed shipping windows come out of the exporter's margin before the buyer pays. When the port ranks 400th of 400 and the season's losses run to billions, the working capital gap lands on the packhouse and the farm.
SARS collection and the ten-day clockSARS reported R532 billion of undisputed debt in July 2026 and is collecting it. A final demand gives a company ten business days to pay or engage. After that SARS can appoint the company's bank as a third party and take the money from the account without further notice. A company that lets a demand sit loses its bank balance.
Flood damage and a shorter fruit yearThe May 2026 floods hit Elgin, Grabouw, Ceres, Tulbagh, and the Breede River Valley. Hortgro's first estimate was R6.3 billion in damage and lost production and more than 6,700 farm jobs at risk. Packhouses, cold stores, transporters, and suppliers who depend on those orchards see the shortfall in their own order books months later.
Rents that rise faster than turnoverSemigration keeps Cape Town property tight. Lightstone put Western Cape house price growth at 5.67 per cent in late 2025, and brokers report industrial vacancies near 4 per cent in Montague Gardens and Airport Industria. A lease signed in 2023 renews at 2026 prices. For a tenant whose sales did not keep pace, the rent review is often the trigger.
A record season that did not reach everyoneCape Town had a record 2025/26 summer. The Cape Chamber noted in January 2026 that more visitors stayed with friends or in short-term rentals and that smaller formal operators did not see proportional growth. A restaurant or guesthouse that borrowed against a strong season now faces winter with the same debt and less cover.

Is Your Business Facing These Challenges?

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 Now
Cash Flow Crisis Unable to meet monthly obligations, payroll, or supplier payments
Creditor & SARS Pressure Demand letters, judgments, or SARS enforcement action against your business
Threat of Liquidation A creditor has applied for, or is threatening, liquidation proceedings
Employee & Stakeholder Risk Jobs at risk, key staff leaving, or supplier relationships breaking down

Business Rescue That Works

We specialise in helping South African companies avoid liquidation and regain stability through proven, legally structured rescue strategies.

Legal Protection from Creditors

Immediate moratorium on creditor claims under Chapter 6 of the Companies Act — buying you the time and space to restructure.

Credible Restructuring Plans

Bespoke business rescue plans developed by experienced practitioners — realistic, legally compliant, and stakeholder-approved.

Creditor Negotiations

Expert negotiation with banks, SARS, suppliers, and landlords to restructure debt and preserve stakeholder value.

Turnaround & Recovery

Operational restructuring, cash flow management, and post-rescue support to restore profitability and long-term stability.

Your Path to Stability — 4 Steps

From your first confidential call to full recovery, we guide you through every step of the business rescue process.

1

Confidential Assessment

We start by understanding your unique situation — finances, creditors, operations, and options — in complete confidence.

2

Tailored Rescue Plan

We develop a legally compliant rescue plan designed to stabilise your business and protect employees, creditors, and shareholders.

3

Engage & Negotiate

We handle all creditor negotiations, court filings, and legal protections — so you can focus on running the business.

4

Recover & Rebuild

We guide you through execution, monitor progress, and provide ongoing support until your business is back on solid ground.

Tiaan Herbst — Senior Business Rescue Practitioner, SAAC
Licensed BRP · CIPC Registered
"

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.

Tiaan Herbst
Senior Business Rescue Practitioner · PTP (BA) Hons MBA
CIPC Licensed 125 Documented Engagements R395m Raised MBA Qualified Nationwide Practice

Frequently Asked Questions

Every business is different, but some questions come up again and again. Here are quick answers to help guide your next step.

Absolutely — and we strongly encourage it. A preliminary conversation is completely free, confidential, and carries no obligation whatsoever. Many clients find that speaking to a practitioner early opens options they did not know existed. You can call us directly on 082 787 9298 or submit the form above and we will contact you within 2 business hours.
Costs vary depending on the size and complexity of your business. Practitioner fees are typically structured as a combination of a monthly retainer and a success fee — and in many cases, post-commencement finance (PCF) can be arranged to fund the rescue process itself. The initial assessment is always free. We will give you a clear cost estimate during your first consultation so there are no surprises.
The Companies Act requires a business rescue plan to be published within 25 business days of the practitioner's appointment. The overall process — from commencement to conclusion — typically takes between 3 and 18 months depending on complexity. What matters most is acting quickly: the sooner rescue proceedings begin, the more options remain available to you.
Liquidation ends the company — assets are sold, employees lose their jobs, and creditors receive cents in the rand. Business rescue is designed to save the company: it provides a temporary moratorium on creditor claims, allows the business to continue trading, and gives management and practitioners the opportunity to restructure and recover. Creditors almost always receive a better return through rescue than liquidation. Business rescue is the preferred outcome for all stakeholders.
Yes. SARS debt is one of the most common triggers for business rescue proceedings. Once a company is placed under business rescue, a moratorium applies to SARS enforcement actions as well. Our practitioners have extensive experience negotiating with SARS as part of the rescue plan, including structured payment arrangements and compromise agreements. Do not wait for SARS to escalate — contact us immediately.

Don't Wait Until It's Too Late

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.

Request Your Free Confidential Assessment
✓ Thank you! A practitioner will contact you within 2 business hours.

Contact SAAC Directly

Our practitioners are available for immediate consultation. Call, email, or visit one of our offices.

Call Us Now

Immediate availability for urgent situations

082 787 9298 011 881 5533 021 141 7744

Johannesburg Office

West Tower, 2nd Floor
Nelson Mandela Square
Maude Street, Sandton 2146

011 881 5533

Cape Town / Stellenbosch

Ground Floor, The Vineyard Office Park
Building 2B, Devon Valley Road
Stellenbosch 7600

021 141 7744