South African mining tycoon Daphne Mashile-Nkosi could lose her mine over a $375 million debt
A court cleared the IDC to put Kalagadi Manganese into business rescue over $375 million. The lender was Daphne Mashile-Nkosi's first backer.
IDC
Robert Gumede's Vision Group seals a deal with the IDC that saves Tongaat Hulett from liquidation
Robert Gumede's Vision Group and South Africa's IDC have sealed a rescue deal that averted the liquidation of 134-year-old sugar producer Tongaat Hulett hours before a court hearing.