Principal Practitioner
Mike Benfield CA (SA)
At MJBusiness Rescue, we do not merely manage insolvency — we engineer recovery.
Mike Benfield brings a rare combination of Group CEO-level operational experience and technical financial precision to the Business Rescue process. With a career spanning three decades at the highest levels of South African industry, Mike has developed a reputation for maintaining discipline, fostering transparency, and restoring value in complex environments.
Our approach is rooted in the belief that a business in distress requires more than just a legal shield — it requires a practitioner who understands the "hard hats and heavy steel" of the South African industrial landscape.
Career Highlights
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Former Group CEO – Macsteel Service Centres SA
Oversaw South Africa's largest merchandiser and distributor of steel products across the SADC region.
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Former CFO – Metorex (Base Metals Mining Group)
Deep expertise in the unique solvency and liquidity challenges of the mining and metals sectors.
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Chartered Accountant (SA) since 1994
Articles completed at Arthur Andersen; subsequent roles at Investec Bank and Ster-Kinekor.
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Registered Business Rescue Practitioner
Registered with the Companies and Intellectual Property Commission (CIPC) under Chapter 6 of the Companies Act 71 of 2008.
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Cross-Sector Leadership
Experience spanning steel, mining, engineering, aviation, logistics, entertainment and banking.