We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

SA’s multibillion-rand tyre recycling project, marred by allegations of widespread corruption, has been given a clean bill of health by the Supreme Court of Appeal. The court has overturned final liquidation orders of the Recycling and Economic Development Initiative of SA (Redisa), granted in 2017 at the behest of then environmental affairs minister Edna Molewa. However, the judgment was not without dissension. While the majority of the judges said the minister was not justified in approaching the courts because there was no proof of any wrongdoing by the directors of Redisa and its managing partner Kusaga Taka Consulting (KT), one judge completely disagreed. Judge Mahube Molemela, questioned how her fellow judges — Azhar Cachali, Halima Saldulker, Christiaan van der Merwe and Owen Rogers — had found no issue with the fact that one of the directors was earning more than R4m a year. When the minister launched the liquidation proceedings against the two companies — both liquid at the...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now