The high court in Pretoria has overturned a controversial 2019 decision by former trade & industry minister Rob Davies that gave Telkom privileged black economic empowerment status by the government.
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A major electronics manufacturing facility in East London, which until recently made decoders for MultiChoice, faces possible liquidation after it reportedly failed to make repayments on a R200-million loan.
The process of registering a company in South Africa is now a simpler, seamless process, said trade & industry minister Rob Davies. Davies was speaking at the launch of the partnership between the Companies and Intellectual Property Commission and Nedbank, which sees