The Industrial Development Corporation (IDC) has reached a settlement with the investment holding outfit partly owned by former Old Mutual CEO Peter Moyo, ending public disagreements over allegations that NMT misled the state-owned company about its financial health.

"We are happy with the outcome," the IDC’s head of corporate affairs, Tshepo Ramodibe, said...

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