A four-year delay by the department of trade, industry and competition in paying a R14.2 million grant to a company in Limpopo as part of an ambitious project to establish black industrialists has seen the amount balloon to R88.7 million.
Murendi Properties and Building Supplies submitted a letter of demand to Trade, Industry and Competition Minister Ebrahim Patel on September 15 after the department failed in its bid at the Supreme Court of Appeal on April 28 to avoid paying a grant worth R14 210 953, which was approved in 2017.Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
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