Free State Development Corporation board vows to implement consequence management - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Free State Development Corporation (FDC) board says it will implement consequence management to resolve the institution’s financial troubles.

Image: Facebook via Official DesteaThe Free State Development Corporation board says it willThe board has disclosed that the entity has a huge deficit and it is also owed a lot of money.

The board has made a call to past funding beneficiaries to repay the loans so that the board can continue to fund other businesses.Auditor-General Tsakani Maluleke, has reported irregularities found at the FDC to the Hawks for criminal investigation.The board chairperson Dr. David Mohale says, “We have agreed that the relevant committee of the board must start to have a conversation with management on introducing performance management.

The Free State government says its decision to rescue the Development Corporation is because it believes it still has a critical role to play in the economic growth of the province.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Firstly, HOW DID THEY FALL INTO FINANCIAL TROUBLES

I'm sharing this because this was exactly how i saw so many posts about William church and how he was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact him via his profile link below 👇👇 Williamchurch07

We all know that the anc version of accountability is a task force followed by an investigative unit followed by a multidisciplinary commission of enquiry run by a retired cadre.. 20 yrs later those involved have died.🥶 Anc a .joke party

OMG that's sooo funny 🤣🤣🤣🤣🤣🤣🤣

I'm very happy and I feel like I am the only enjoying this although there are still people testifying about this platform, it proved me wrong. It's more than a dream come though creating multiple incomes, truly proud of the decision I made getting started with Dennismayson9

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 37. in SE

Sverige Senaste nytt, Sverige Rubriker