The Editor’s Desk: EOH, Hulamin & the rot in SA’s corporate world
Corruption and mismanagement are far from a uniquely public sector problem, as the tales of EOH and Hulamin show. Hulamin has succeeded in destroying billions of rands in capital over the last decade through sheer poor judgement and bad management, while EOH has found itself mired in a billion-rand corruption scandal that reaches all the way to board level. In this episode, Alec Hogg and I discuss this sorry state of affairs, looking at how these companies managed to get so far off the rails. We also discuss the latest developments in the Bosasa/Cyril Ramaphosa case, looking at the Public Prosecutor's Friday decision that Ramaphosa is guilty of an offense. – Felicity Duncan
Hello and welcome to this week's episode of the editor's desk right here on BizNewsRadio with me, Felicity Duncan and Alec Hogg. Hulamin, Alec, Hulamin, Hulamin, Hulamin.
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