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/ 24 February 2011
Afripalm Horizons is 51% owned by Afripalm Resources, according to one of its directors, Menzi Mbatha. Afripalm Resources’ largest shareholder is Lazarus Zim, its founder and chairperson. When the company did a major deal with listed Mvelaphanda Resources in 2007, his stake was put at 30% in a shareholder circular. The circular said that the […]
Contracts worth R250-million went to a company linked to the DG’s mother-in-law to be, but all parties deny that there is a conflict of interest.