The Naicker family: cashing in on government dysfunction
The Naicker family built an empire renting water tankers and yellow plant to government. Bitter family feuds and allegations of collusion threaten to bring them down
Source: mg.co.za
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Meet the Naickers: The family cashing in on government dysfunction
The Naicker family built a multibillion-rand empire renting water tankers and yellow plant to government. Bitter family feuds threaten to bring them down.
Source: dailymaverick.co.za
Durban construction company in multibillion-rand tender battle with road agency
Durban construction company in multibillion-rand tender battle with road agency By Nathan Craig Share Durban - Construction giant Aqua Transport and Plant Hire claims that the SA National Roads Agency (Sanral) deliberately blocked their bids for tenders worth billions, and had the road infrastructure agency gave those contracts to them, government would have saved R400 million. Aqua instituted court action after Sanral’s board of directors banned them for six months and the three tenders, each worth about R1.5 billion, were subsequently awarded to Raubex Construction and Rumdel Construction...
Source: iol.co.za