SAAC is a firm of business rescue practitioners licensed by the Companies and Intellectual Property Commission, and we act for companies in Polokwane and across Limpopo. We meet clients at Regus, Thabakgolo Building, 58 to 60 Landdros Mare Street, in the city centre, by appointment, and the practitioner works on site at your company for as long as the matter requires. The first discussion is free and confidential.
No obligation. Speak to a licensed practitioner today.
A business rescue practitioner is licensed nationally, not by city, so an appointment in Polokwane is filed and run exactly as it would be anywhere else in the country. Our permanent offices are in Sandton and Stellenbosch, and we meet Polokwane clients 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.
Limpopo's official unemployment rate rose to 32.0 per cent in the second quarter of 2026, up from 31.7 per cent in the first quarter, according to the Quarterly Labour Force Survey that Statistics South Africa released on 11 August 2026. The wider measure that counts people who have stopped looking for work stood at 46.7 per cent. The province had already shed 43,000 jobs in the first quarter. Nationally, mining employment fell by 26,000 and manufacturing by 15,000 between the two quarters. Polokwane sits in the middle of that picture. It is the provincial capital, the seat of government departments, and the retail and services centre for the whole of Limpopo, so when household and public spending tighten, the city's businesses feel it first.
The city needs 174 million litres of water a day and receives about 118 million. Premier Phophi Ramathuba confirmed that shortfall on 11 March 2026 when the provincial government set up a technical war room to stabilise supply from the Olifantspoort and Ebenezer schemes run by Lepelle Northern Water. Valve replacement at Olifantspoort on 11 August 2026 and a pipeline leak on 19 August 2026 again cut supply to parts of Polokwane City and Seshego. The municipality's own finances are stretched. Its mid-term report tabled in February 2026 put the debtors' book at R2.134 billion, with commercial customers owing R421 million and organs of state R304 million, and council said it would tighten credit control through interest, disconnections and debt collectors.
Polokwane is also the supply base for the platinum belt to the east. Valterra Platinum's Polokwane Smelter takes concentrate from Mogalakwena near Mokopane, and the group reported on 26 February 2026 that new flotation cells had cut concentrate trucking by 21 per cent, a saving for the miner and lost volume for local haulage contractors. On the N1 north, trucks queued for 20 kilometres at Beitbridge in late July 2026 and the average crossing took 46 hours, 31 per cent longer than a year earlier. Fresh produce moves through the Polokwane and Mooketsi markets to retailers across the province. Nationally, 1,116 companies were liquidated in the first five months of 2026, and compulsory liquidations more than doubled between April and May.
Areas we act in: Polokwane CBD, Bendor, Seshego, Ladanna, Nirvana, Mokopane, Lebowakgomo, Tzaneen, Burgersfort, Louis Trichardt, and elsewhere across Limpopo. See also business rescue in Limpopo.
Applications and court matters arising from a rescue in Polokwane are dealt with in the Limpopo Division of the High Court, Polokwane, which is the main seat of the division and opened in January 2016. Its area covers the Capricorn, Waterberg, Sekhukhune and Mopani districts, with a local seat at Thohoyandou for Vhembe and Greater Giyani. Applications to place a company in business rescue under section 131 of the Companies Act, applications to set aside a board resolution, and disputes over a practitioner's appointment go to this court. Most rescues that begin by board resolution under section 129 never need a court hearing, but the practitioner must be ready for one.
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