The Industrial Development Corp (IDC) says business rescue is the only way the heavily indebted but potentially world-class Kalagadi Manganese mine — which it has been funding since 2006 — can be saved from bankruptcy.

Every other option has been tried and failed, it says...

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