that the department and UIF planned to invest in Thuja Capital Fund despite the company having no premises, website, or track record.
Productivity SA chairperson Mthunzi Mdwaba owns Thuja Capital Fund. Employment and labour department director-general Thobile Lamati wanted to go ahead with the project despite the risks involved. It would split the remaining R4 billion into R2.5 billion destined for South Africa’s unemployed to start businesses and R1.5 billion to provide loans to businesses.The UIF was also in the spotlight recently for spending R221 million in three monthsIt paid R344 million to a company called Fuze Institute for Humanitarian and Development Praxis to train the workers.
This country e nyele ke corruption
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