BizNews BizNews Radio

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

Joburg whistleblower: Looters should be charged with terrorism

In this interview with Chris Steyn, City of Johannesburg whistleblower Stephanus Fourie warns that a new administration will not be able to root out entrenched mismanagement and corruption without drastic action. “Unless you catch the criminals and you lock them up and you take back everything that they've taken from…
26 Oct 6AM 26 min

BN Edge | CEO Sean Summers: Pick n Pay's long road back from the brink

Three years ago, Sean Summers said, the talk at South African braais was whether Pick n Pay would survive at all. On results day, with the supermarket business still losing R516 million in six months and break-even pushed out to 2029, he told Alec Hogg why he wasn't in a…
26 Oct 7AM 31 min
All episodes