ome of the headlines in the Business section this week.Two high-ranking officials of lobby group Fabcos are accused of hijacking and awarding themselves shares in entities which received more than R60 million in grant funding from the government.
Who is in charge of this once progressive group? Clearly, no one as president Sabelo Macingwane and secretary Stephen sikhosana hold separate meetings to – wait for it – to suspend each other from Nafcoc.
I'm so surprised that Fabcos is still alive Fabcos left us in a cold by saying that the company is running out finance with out showing up paperwork or statements in the western cape in 2011 after a long service in a company we still waiting for the right statement
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