Cough up, ANC, or face liquidation proceedings

Loading player...
The ANC has been ordered to pay KwaZulu-Natal businessman Renash Ramdas about R120m by the close of business on 30 June 2022 or face possible liquidation proceedings. This after the South Gauteng High Court dismissed the ANC's attempt to overturn a previous judgment that the party must pay for 30,000 PVC banners that were supplied and erected on its behalf ahead of the 2019 general election. BizNews editor Michael Appel spoke to Ramdas' attorney Shafique Sarlie. Learn more about your ad choices. Visit megaphone.fm/adchoices
30 Jun 2022 9AM English South Africa Investing · Business News

Other recent episodes

BNC#9 | Masie Q&A: Eskom's extra gigawatts are AI's gateway into SA economy

Stafford Masie says the AI industry is not actually running out of electricity, it is running out of places to plug in. The real bottleneck for OpenAI and Anthropic in the United States is grid connection points that can absorb the violent power swings inference computing demands, without blowing transformers…
10 Sep 11AM 39 min

Ian Cameron: Another SAPS cover-up exposed!

In this interview with Chris Steyn, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police, exposes a huge cover-up over many years of animal maltreatment at the SAPS Roodeplaat Veterinary facility. Speaking following the death of the arson-detection dog Sky, he said: “That hospital, if this is the way…
10 Sep 7AM 18 min