It was touch and go for a while but a R250-million investment, the relaxation of lockdown restrictions and a line-up of blockbuster movies have helped Ster-Kinekor out of a tight financial corner.
Ster-Kinekor announced in a statement on Friday, 11 November, that it had successfully exited business rescue.
Stefan Smyth, Ster-Kinekor’s business rescue practitioner (BRP), said he had…