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B BBEE

How IDC breached own governance

Powerful executive and dismissed employee were central players in the funding of dodgy BEE consortium

  • Hasina Kathrada
  • Brian Sokutu
8 min read
The M&G understands that the IDC has spent over R54 million in the last three years on various law firms just on ER matters alone.
ABSA

Exclusive: Club Med deal exposes IDC governance failures

Allegations of governance failures have emerged over the IDC’s involvement in a R2.1bn Club Med Tinley leisure development

  • Hasina Kathrada
5 min read