Stuttering state-owned bus company collapses workers’ provident fund

A state-owned bus company is struggling to pay its employees on time and has defaulted on making payments to its workers’ provident fund, leading to the fund’s liquidation...

A subscription gives you full digital access to all Sunday Times content.Registered on the BusinessLIVE, Business Day or Financial Mail websites? Sign in with the same details.

Viva ✊🏿

Wow, another GovernmentZA owed enterprise goes bankrupt.... Fortunately the PresidencyZA is an excellent businessman 😂😂😂

What a surprise!

This used to be a really well run bus company.

Thanks for the update, any updates on PhalaPhalaFarmGate perhaps?

Who owns the bus, name and shame them and the Board if it exists.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

US companies pledge to cover 'out-of-state abortions'US companies pledge to cover 'out-of-state abortions' Large US companies announced intention to reimburse employees for 'out-of-state abortions regarding the Supreme Court decision
Source: TheSAnews - 🏆 25. / 59 Read more »

Naspers, Prosus hit by earnings decline, to start selling off Tencent stake to fund share buyback | Fin24Naspers and its subsidiary Prosus will slowly be selling off parts of its stake in Chinese tech giant Tencent in order to fund an open-ended programme to repurchase its own shares. | Fin24
Source: News24 - 🏆 4. / 80 Read more »

South Africa getting state digital infrastructure company — with a new spectrum policyThe South African government says it can’t leave the country’s fate in the hands of commercially-driven network operators. Try running a digital infrastructure company with no power🤡🤡🤡 'on the spectrum policy' What's Telkom?
Source: mybroadband - 🏆 11. / 67 Read more »