News Formal

Daybreak lost R300m in two years board was connected to PIC officials

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

Business Business Headlines News

An internal report on the state of Daybreak Farms revealed that in the two years it was led by a board connected to senior PIC officials, the company lost more than R300m in profits.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

South Africa’s new property landscape – from micro apartments to ‘lifestyle farms’South Africa's new property landscape - from micro apartments to 'lifestyle farms'
Source: BusinessTechSA - 🏆 24. / 61 Read more »

Cabinet appoints new Lotteries Commission board - SABC NewsCabinet has appointed a new board to the National Lotteries Commission. The new board replaces the four-member board appointed by Trade, Industry and Competition Minister Ebrahim Patel in March last year.
Source: SABCNews - 🏆 37. / 51 Read more »