Black industrialist drags IDC to court after being denied funding | City Press

  • 📰 City_Press
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

Norkie says the department of trade, industry and competition had accepted his application and approved grant funding, which amounted to R38.9 million. Read more about his battle with the IDC here:

A local company has lodged a court case against government relating to allegations that a state agency failed to make more than R60 million available for it to build a manufacturing plant as part of a black industrialist programme.

City Press has seen papers filed by Nocks Oil director Angus Norkie in the Cape Town High Court, claiming that the Industrial Development Corporation disadvantaged his company.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

 

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

 /  🏆 7. in LAW

Law Law Latest News, Law Law Headlines