Turnaround Consultant, Marikana Pit
Took over management of Aquarius Platinum's Marikana pit, replaced the mining contractor, and moved performance from a R20m/month loss to a R10m/month profit with substantive impact on share price.
turnaround / mining / manufacturing / media
Moved Marikana pit from R20m/month loss to R10m/month profit.
Took over management of Aquarius Platinum's Marikana pit, replaced the mining contractor, and moved performance from a R20m/month loss to a R10m/month profit with substantive impact on share price.
Worked with the CEO of Onderstepoort Biological Products, the state animal vaccine institute, to turn the organisation from loss to profit.
Led TopTV turnaround and sale work for the National Empowerment Fund, persuading institutional funders to invest R1bn more, cutting costs by 30%, managing creditors through deep distress, and holding the business through sale to StarTimes.
Led the Stutt Brick turnaround and sale for the National Empowerment Fund, saving 800 rural Bhisho jobs, completing a difficult rescue, and selling to Corobrik by demonstrating the strategic importance of the deal.