Job Creation Trust company on the brink as Treasury withholds funds
DA trade & industry spokesperson Dean Macpherson urges director-general to act to save the company, whose creditors have filed for its liquidation
13 October 2019 - 16:51
The government has still not released funds to support the Job Creation Trust, which was set up by the country’s big trade union federations more than two decades ago to address the unemployment crisis.
The government had made an undertaking to release funding by end-July. The delay has resulted in the trust’s company being unable to pay creditors, who have now filed for the company to be liquidated...
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