A staggering corporate advisory fee to implement Northam Platinum’s new BEE deal has left critics gobsmacked.

Boutique corporate finance group One Capital Advisory was paid R250m, higher than any other fee it has received in the past, for work in which it helped the miner implement a new transaction designed to benefit employees and the communities around Northam’s mines...

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