Lebogang Maile, Gauteng Finance MEC, Asks Reserve Banks to Help Drip Avoid Liquidation

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Gauteng News

United States United States Latest News,United States United States Headlines

Gauteng Finance MEC, Lebogang Maile writes a letter to the Governor of the Reserve Bank to request for financial rehabilitation for Drip footwear.

The Drip Group, a company founded in the township of Ivory Park by Lekau Sehoana, faces the reality of being liquidated

Gauteng's MEC for finance and economic development, Lebogang Maile, has asked the governor of the Reserve Bank to afford 'rehabilitative intervention'government , in the form of MEC Lebogang Maile, has stepped in to try and save a local entrepreneur and black-owned company, The Drip Group Ltd. Maile has appealed to the Governor of the Reserve Bank to save the company from going under.

This follows claims that WideOpen Platform, an advertising firm, has applied for the company's liquidation due to an unpaid R20 million invoice. Additionally, the companyTimothy Oates is Briefly News' Current Affairs Head of Department. He joined the Legit group in 2022.

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:

 /  🏆 10. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines