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Adamantem Chartered Accountants

Adamantem Chartered Accountants (SA) is a leading professional services firm. We specialize in the restructuring and turnaround of financially-distressed assets. Our services include Business Rescue, which is a legal route to administer financially-distressed entities sanctioned by the Companies Act 2008 of South Africa.

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Our Service Offerings

Our Service Offerings

Adamantem

OurApproach

At Adamantem we recognize the value destruction that can be precipitated by financial distress. The following are our guiding principles necessary to stop such value destruction.

Early Interventions

Early interventions allow us to provide the appropriate and timely advice to boards and executives as well as lenders where appropriate. Critically, this enables for the harvesting of low-hanging fruits to extend the company’s cash runway whilst developing appropriate plans for sustainable medium-term to long-term interventions.

Beyond the Balance Sheet

While balance sheet restructuring is generally essential to support the business, our experience is that a sustained restructuring and turnaround process must also include operational restructuring. This entails restructuring operations and underlying processes to:

  • Embed cost-containment measures;
  • Enhance revenue-generating activities; and
  • Preserve cash and improve working capital management.

Board and Executive Support

  • In today’s complex business world, executives are confronted with many challenges.Their decisions have an impact on the company’s financial performance. Decision-making becomes even more complex when the company is in financial distress.
  • We assist boards and executives to tackle challenges, think critically about the future of the company, and maximize opportunities for growth.

Focused approach

The restructuring and turnaround process requires focus, given:

  • Competing interests and limited cash resources, especially prior to securing further funding for the implementation of a restructuring plan; and
  • The potential for value destruction and, at worst, company failure or liquidation.

Professional network

  • We can draw upon an extensive network of specialist advisers and experts to support our engagements.

Know About Our Team

“The world applauds action”

Siviwe is co-founder and managing director of Adamantem. A professional of three decades spread across banking, big 4 accounting firm experience, r...

Siviwe Dongwana

“Keep hope alive”

Charles is the Chairman of Adamantem and leads the Corporate Finance practice. He has more than two decades of experience in corporate finance and ...

Charles Larbi-Odam

“It only takes a small group of people to change the world”

Bongani, a co-founder and executive director of Adamantem, leads the operational restructuring team. He has a deep understanding of financial repor...

Bongani Nkasana

“The rewards of the pursuit of knowledge are endless”

Thabang is an executive director of Adamantem, and leader of the financial services industry group. He provides strong technical and operational su...

Thabang Magare