Edcon: Separating the facts from the fiction

PUBLISHED: Tue, 18 Dec 2018 14:52:33 GMT

Edcon has recently disclosed that it is struggling with liquidity to pay back it R7 billion rand debt. In order to manage its liquidation issues, the retailer giant has proposed its decision to have single brand format and merge all subsidiary companies into one. Sinesipho Maninjwa, Independent Analyst joins CNBC Africa to give insight.