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HLENGIWE MKHALIPHI | ANC complicit in private sector abuse of workers

The many cases of unpaid pension funds unmask a deeply entrenched culture of exploitation ....

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Last chance for municipalities to claim VBS millions

Last chance for municipalities to claim VBS millions
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Johannesburg- Municipalities, businesses and shareholders owed by the now defunct VBS Mutual Bank have until two weeks to lodge their valid claims in the doomed financial institution.
VBS liquidator Anoosh Rooplal has told its creditors, who include municipalities, suppliers, retailers, businesses and permanent shareholders, that they have until May 21 to lodge their valid claims.
However, Rooplal also warned that there is no certainty that claims will be accepted by the Master of the High Court or that any amount of their claims will eventually be made available.
He said the claim merely proves who VBS’s legal claimants are. ....

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