David Morobe How to identify the need for business rescue finance vs. closing up shop In an economy that is becoming increasingly accustomed to strained trading conditions, many business owners are entering into cash flow struggles and finding themselves grappling with how to save a troubled company, or whether this is even a possibility. A struggle widely publicised recently is the bailout request of state-owned enterprise (SOE), South African Airlines (SAA), which saw the National Treasury approving R3 billion in funding at the end of September 2017 to avoid SAA defaulting on its loan to Citibank. Furthermore, in the 2017 Medium Term Budget Policy Statement (MTBPS), it was reported that SAA will receive an additional R4.8 billion by 31 March 2018 from government. David Morobe, regional general manager at Business Partners Limited (BUSINESS/PARTNERS) , says that while the SAA request has been largely criticised, a financial bailout solution is only viable provided a turnarou...