Although the new Department of Small Business Development has many excited about their entrepreneurial prospects, are there inevitable issues with decentralising the services?
When stadiums were being built for the 2010 FIFA World Cup, a lot of shady deals appear to have gone down to secure tenders. One of these, Lefika Emerging Equity, recently made headlines again when its co-owners - including Kaizer Chiefs general manager Bobby Motaung - were detained on fraud charges. But the saga goes back to 2009, when the company’s CEO Chris Grib skipped the country after it was discovered Lefika used a forged tax clearance certificate. SARS has not disclosed how much the company owes in tax, but you can bet it’s a substantial amount. Grib returned to SA, as he was arrested along with the other owners.