How Daimler Crushed Hendrik Van Wyk Vervoer's Rescue, And 181 Livelihoods

How Daimler Crushed Hendrik Van Wyk Vervoer's Rescue, And 181 Livelihoods

The collapse of Hendrik van Wyk Vervoer’s business rescue plan has left 181 employees in limbo, all thanks to a last-minute U-turn by Daimler Truck Financial Services (DTFS), a move that raises serious questions about the company’s sense of social responsibility and the conduct of the business rescue process itself. On 13 March 2025, the Randfontein-based transporter entered business rescue, hoping to stabilise operations and avoid liquidation. …