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COBRA webinars
as well as to
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webinars.
The
coronavirus
(COVID-19)
global
pandemic has
brought
additional
strain to an
already
struggling
South African
economy.
IQbusiness,
Schindlers
Attorneys,
Engaged
Business
Turnaround,
Sirdar Group
and Envision
have formed a
consortium to
bring their
extensive
legal,
accounting,
technology and
business
turnaround
expertise to
help
businesses in
financial
distress.
Together,
these
businesses
have launched
a crisis
management
centre called
the COBRA
(Covid
Business
Rescue
Assistance)
War Room. The
initiative
aims to assist
and sustain
South African
businesses
through the
Covid-19
crisis with
free services
to help them
receive
coordinated
bank,
government and
stakeholder
support.
If required, a
structured
business
rescue process
can be
initiated,
with the
objective of
rehabilitating
affected
companies.
