The nephew of the president has brought an end to the long-running Aurora-Pamodzi saga by agreeing on a settlement deal.
President Zuma’s nephew Khulubuse Zuma caused the loss of thousands of jobs after stripping assets at now failed mining company Aurora.
The president’s nephew and cohorts have been ordered to pay the miners they abandoned.
Khulubuse Zuma, President Jacob Zuma’s controversial nephew, will go to court to fight claims for R1.5-billion by the liquidators of Aurora mines.
Court documents allege that Michael Hulley – despite his denials – was an Aurora director.
A meeting with the president appears to have persuaded an investment firm to give millions to empowerment firm Aurora, which others ‘misappropriated’.
Ghosts still haunt controversial Enver Motala’s handling of the insolvent gold mining company
Illegal miners are reportedly being killed without consequence amid evidence of mine-stripping.
Controversial family is involved in another questionable gold deal
The families of 12 people killed in July in a movie theatre massacre will receive $220000 each from a special relief fund.
Julius Malema’s attempts to politically capitalise on the Marikana mine shooting continued on Thursday at Grootvlei gold mine on the East Rand.
The man accused of killing 12 people in a shooting rampage at a midnight showing of the new Batman film in Denver has made his first court appearance.
Velvet Sky’s attorney has withdrawn from its liquidation case, citing personal reasons — after being implicated in a mining-related fraud case.
Brad Wood and his four co-accused have been found not guilty of murder for their part in a shootout that left four dead at the Aurora mine in Benoni.
Pamodzi’s Gold’s Ndlovu shaft, which was sealed last week after an allegedly illegal miner fell to his death in June, is a symbol of Aurora’s legacy.
The result of Aurora’s heritage is still having a ripple effect, Solidarity has said after a gold mining company had to shut down a shaft temporarily.
‘We’ve lost money, we’ve lost our credibility, we’ve lost everything," lamented Aurora Empowerment Systems’ financial director, Thulani Ngubane.
The government must probe Aurora and its dismissed liquidators, Cosatu general secretary Zwelinzima Vavi said on Thursday.
A furious Enver Motala, fired from a team overseeing the liquidation of mines controlled by Aurora, says the move has scared off prospective buyers.
Aurora mine encapsulates capitalism at its worst and greed at its best, Cosatu general secretary Zwelinzima Vavi said on Thursday.
