Documents seen by The Mercury, which were sent to The Pencil Club’s members, indicate that the decision to initiate business rescue proceedings was taken during a meeting held on February 3.

The Pencil Club, Durban’s elite private members’ club in uMhlanga, has been closed after a meeting of members and creditors, which was aimed at discussing the process to rescue the ...

THE sudden closure of the exclusive Pencil Club left the establishment's 89 employees jobless last month. However, a ray of hope has since emerged for them in the form of a crowdfunding campaign ...