Former SA Steel Mills owner Rafik Mohamed’s bail application was postponed until 4 June and the case transferred to the Specialised Commercial Crimes Court
Former SA Steel Mills owner Rafik Mohamed’s bail application was postponed until 4 June and the case transferred to the Specialised Commercial Crimes Court
Flexibility in the sugar value chain is essential to ensure its long-term sustainability
The case was postponed to 10 June, when Rajahussen is expected to respond to allegations that RGS fraudulently submitted a R2 billion proof-of-funding bank letter as part of its bid for the embattled sugar producer
Previously unreported affidavits have raised serious questions about the Industrial Development Corporation’s R1.1billion funding to SA Steel Mills, including allegations of weak due diligence, disputed financial records and internal accountability failures that have left more than 1 100 jobs at risk
Trust deficit in HC is driving disaffected employees to the PP
The IDC has not confirmed whether a formal board inquiry was conducted into the Tinley Club Med transaction, leaving key governance questions unanswered
An entrepreneur has accused the Industrial Development Corporation of rigid recovery practices that ignore the impact of Covid-19, as calls grow for an inquiry into its treatment of struggling black-owned businesses
Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development
Despite asset growth to R3.7 trillion, questions persist over distressed loans and legacy investment scandals
A country that exports minerals but imports industrial dependence is not sovereign in any deep sense. A country that sits on energy resources but cannot convert them into stable power, strategic reserves, industrial feedstock, jobs and technological upgrading is not sovereign in any deep sense
Ramaphosa has raised South Africa’s investment target to R3 trillion after nearly R890 billion in pledges at this year’s investment conference, with Sasol’s R60 billion commitment emerging as one of the biggest - and a sign of business confidence tied to policy certainty