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Bad business has not dented Iqbal Survé's 'billions' — or so he says

Despite years of controversy about companies failing to meet their financial obligations and other evidence that they’re bleeding money, Iqbal Survé reckons his ‘empire’ is cash rich and thriving. ....

South Africa , Joel Moodley , Lucien Jacobs , Leila Fourie , Ngoako Ramatlhodi , Cyril Ramaphosa , Louis Fourie , Independent Newspapers , Government Employees Pension Fund , Mercantile Bank , China International Television Corporation , Public Investment Corporation , British Telecom South Africa , Access Bank , Competition Appeal Court , Standard Bank , Ayo Technology , China Africa Development Fund , Ayo Technology Solutions , Commission For Conciliation , Sekunjalo Group , Zayo Group , National Treasury , Independent Media , Middle Eastern , African Equity Empowerment Investments ,

In blow to PIC, Iqbal Surve's Independent retrenches a third of its staff

Retrenched staff lay a complaint at the CCMA, as they wait for the newspaper group to pay out their agreed retrenchment packages. The retrenchments are bound to be a blow for the government’s Public Investment Corporation, which has poured R800-million into the group and has a 25% stake. ....

Lucien Jacobs , Public Investment Corporation , China Africa Development Fund , Audit Bureau Of Circulation , Arena Holdings , Zayo Group , Independent Newspapers , China International Television Corporation , Cape Times , Sekunjalo Investment , Labour Relations Act , Audit Bureau , Sunday Times , Companies Act , Independent Group Iqbal Surve Newspapers Retrenchment Tim Cohen ,