Maiwashe Group is a specialised professional services group focused on corporate restructuring, insolvency advisory, forensic investigations, and asset recovery services. We provide strategic advisory and investigative services to companies experiencing financial distress, as well as to financial institutions, insolvency practitioners, creditors, and legal advisors involved in complex recovery matters.
Through our integrated structure, Maiwashe Group delivers end-to-end solutions across the complete lifecycle of financial distress — from early-stage restructuring advisory and business turnaround support through to insolvency investigations, forensic investigations, and asset recovery.
To become a trusted specialist advisory and investigation firm in corporate restructuring, insolvency advisory, forensic investigations, and asset recovery.
Deliver professional, independent, and results-driven services that assist companies, creditors, and insolvency practitioners in navigating complex financial distress situations.
Maiwashe Group operates through three specialised entities, each delivering distinct expertise across the distressed business and recovery lifecycle.
Corporate Restructuring & Insolvency Advisory
Asset Tracing & Insolvency Investigations
Forensic Investigations & Government Support
Investigated directors of a distressed company for potential asset transfers and concealed holdings. Our investigation identified suspicious transactions and related-party dealings supporting creditor recovery actions.
Traced assets of a company that ceased operations with outstanding creditor obligations. We assisted legal advisors in identifying asset locations and pursuing recovery actions through formal proceedings.
Conducted financial diagnostic and developed comprehensive turnaround plan for a cash-strapped business facing insolvency. Outcome: Stabilised operations, restructured debt, and restored financial sustainability.
Recovered over R12M in misallocated assets for a provincial department within 6 months through systematic verification, forensic investigation, and structured recovery support.
We uphold the highest ethical standards in every engagement, ensuring trust and accountability.
We provide impartial, objective assessments free from conflicts of interest.
Sensitive information is handled in strict confidence in accordance with applicable regulations and client policies.
We develop structured, practical solutions tailored to each client's unique challenges.
Every engagement is focused on delivering measurable, actionable outcomes for our clients.
Assets are acquired through approved procurement processes governed by the Public Finance Management Act and treasury regulations.
Assets are recorded in official registers with details like description, value, location and custodian.
Assets receive unique tags (barcode or RFID) linking physical items to registry entries for improved tracking and accountability.
Regular site checks confirm the existence, location and condition of assets and reconcile records.
Assets are allocated to responsible custodians and safeguarded through internal control systems.
Obsolete or damaged assets are disposed of in line with approved procedures and regulatory requirements.
To initiate an engagement, the Department or client would typically provide the following documentation:
Current departmental asset registers and supporting schedules.
Procurement and asset acquisition records, including vendor documentation.
Disposal or write-off documentation and approval records.
Internal audit findings and reports relating to asset management.
Maiwashe Forensics will then conduct a preliminary review and propose a structured scope of work tailored to the Department's requirements.
We review asset registers, procurement records and supporting documentation to identify high‑risk areas.
Detailed analysis of transaction data and asset records to pinpoint discrepancies, irregular movements or gaps.
On‑site inspections to confirm asset existence, location, condition and current custodian.
We trace missing assets and identify parties involved in irregular transfers, combining open‑source intelligence and structured enquiry.
A comprehensive report outlines findings, highlights risks and provides practical recommendations for remediation and control improvement.
All Maiwashe Forensics engagements with government departments and state-owned entities are conducted in accordance with:
Maiwashe Group's investigative and advisory services operate under rigorous professional standards: