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Dear Pravin: Is SA cash flush? Why ministers ignoring potential investment?
From Biznews community member Norman Stewart South African Finance Minister Pravin Gordhan. To Finance Minister Pravin Gordhan As they say if you want something done give it to someone who is busy and...
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Lawrence McCrystal: NPA’s folding shows SA’s wicked forces now in retreat.
Back in the days when the Industrial Development Corporation was building great future companies like Sasol and Kumba, Dr Lawrence McCrystal played an important part as a member of the directorate. An...
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Zupta “asset” Molefe quits IDC board; one step closer to Treasury?
From Fin24 Cape Town – Former Eskom CEO and recently sworn-in MP Brian Molefe has quit the board of the Industrial Development Corporation. Brian Molefe His resignation is effective from January 25...
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IDC risks losing millions as Oakbay announces end of JSE trading
By Matthew le Cordeur, Fin24 Cape Town – Oakbay Resources and Energy has officially been given permission to voluntarily delist from the JSE after failing to secure a transfer secretary and sponsor....
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Geoffrey Qhena resigns as CEO of IDC
IDC media statement It is with a mix of sadness and gratitude that the Board of Directors announces the resignation of the Chief Executive of the Industrial Development Corporation (“the Corporation”),...
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Mailbox: The Great Zupta, IDC con. Worthless Shiva mine now valued at R14.7bn.
From Biznews community member Daniel Sutherland A brief history of the Dominion mine is that it was first owned by Aflease, and then by Uranium One. An extensive and professional feasibility study on...
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Gideon du Plessis: Highveld Steel – an anti-SA agenda – tale of tragedy, treason
My first exposure to Evraz Steel was interviewing the Russian super-model lookalike who was sent to SA as the “spokesman” when the company first acquired Highveld Steel. It was during the early days of...
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Mailbox: Hey Gwede, here’s some tips for your Zupta investigations.
From Biznews community member Daniel Sutherland: If you are a South African, the Zuptas are making money out of you. Just a friendly reminder that the Zuptas are making money out of YOUR pocket. If you...
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Department of Energy in quandary as US solar giant files for bankruptcy...
In this in-depth analysis EE publishers unpacks the fallout faced by the Department of Energy after international solar giant Edison filed for Chapter 11 bankruptcy protection. Chris Yelland and Pierre...
View ArticleIndustrialist takes the IDC & the PP to court: SA is an autocracy without...
A black industrialist is taking the Industrial Development Corporation (IDC) and the Public Protector (PP) to the High Court. Angus Norkie of Nocks Oil charges that there was “something seriously...
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