SA firm set for Pula Steel takeover

Friday, September 13, 2019

A South African firm has emerged as the bidder favoured to take over Pula Steel, ending nearly two years of legal wrangling over the country's pioneering steel plant.

The Verma family, who founded Pula Steel in 2015 and held 22% equity at its liquidation in October 2017, recently dropped their long running fight to regain control of the Selebi-Phikwe plant.

During the battle, the Vermas alleged they had been muscled out of Pula Steel by a conspiracy involving other shareholders and senior government officials.

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SA firm set for Pula Steel takeover

A South African firm has emerged as the bidder favoured to take over Pula Steel, ending nearly two years of legal wrangling over the country's pioneering steel plant.

Athletics likely to go solo at Olympics

Amidst BFA fights, Sebego raises hand for presidency

Chiefs puzzled by docking of points

Fitness trainer, Zongwane breaks barriers

Khawa dangles largest payout

Ex-badminton official maintains innocence

Kwa Nokeng Oil sponsors young biker with P120,000

Kwa Nokeng Oil sponsors young biker with P120,000

Routine child vaccination imperative