SIKHONATHI MANTSHANTSHA: Everything but the truth
Avoiding the courts like the plague, Oakbay's bid to "dispel the myths" serves only to show them up for what they are - untrustworthy
And by saying "untrustworthy", I am being polite. When Oakbay Investments CEO Nazeem Howa called journalists into a room at the JSE last week to "dispel some of the myths that have been built up about our group", he had no intention of sharing any information at all. Instead, this was another extension of the futile publicrelations exercise to pressur e the banks into re-opening the accounts they closed due to some shad y dealings by the group.Howa oversees Gupta-owned companies Oakbay Resources & Energy, JIC Mining, Tegeta Exploration & Resources, Sahara Computers,The New Age newspaper and TV station ANN7.The first question that came Howa’s way would have been a harmless one, had it been directed at any other company executive who had nothing to hide: how many newspapers does The New Age sell (as opposed to free copies it gives away)?This media company is the only one in SA to not be part of the Audit Bureau of Circulations, which reports and publishes newspaper and magazine sales....
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