26/10/2026
CIPC Hosts Business Rescue Breakfast Colloquium on Transformation
The CIPC hosted Business Rescue Practitioners at the Business Rescue Breakfast Colloquium on Transformation on 23 October 2026 at Alpine Attitude Boutique Hotel.
The colloquium provided a platform to reflect on how Business Rescue Practitioners represent South Africa’s demographics and to chart a way forward for transforming the industry towards greater inclusivity, diversity and equitable opportunities.
The CIPC Commissioner, Adv. @[urn:li:person:_g0DKspQlK:Rory Voller] emphasised that business rescue extends beyond financial returns. Practitioners have an economic, social and ethical responsibility to rescue distressed companies, preserve jobs and deliver value for all stakeholders, including employees, creditors and communities. Professional competence, ethical leadership, good governance and accountability remain essential to achieving these objectives.
Mr @[urn:li:person:rD-EnYdoLf:Haroon Laher] Chairperson of the Southern African Chapter of the Turnaround Management Association, highlighted the profession’s persistent race and gender imbalances, noting that these constrain its transformative potential. He challenged stakeholders to consider: “Who gains entry, experience, appointments and the opportunity to lead complex rescues?”
Mr Colin Strime, Vice-Chair of the South African Restructuring and Insolvency Practitioners Association @[urn:li:organization:11737377:South African Restructuring and Insolvency Practitioners Association NPC (SARIPA)] reinforced that transformation must address both race and gender. He highlighted SARIPA’s initiatives to promote representation, skills development and inclusion, particularly among historically disadvantaged groups.
He also showcased SARIPA’s Young Bloods initiative, which supports restructuring, business rescue and insolvency professionals under the age of 40 through education, skills transfer and youth development. The initiative has 214 members, including 112 black members, of whom 55 are black women. Its success has attracted interest from @[urn:li:organization:1869719:INSOL International].
The discussions underscored the importance of building a business rescue profession that reflects the country’s demographics, expands access to opportunities, develops future professionals and delivers meaningful economic and social impact.
