- Advertisement -spot_img

Pretoria High Court sets aside R5 billion UIF-Thuja Holdings deal 

- Advertisement -spot_img

Must read

Johnathan Paoli

THE North Gauteng High Court has set aside the controversial R5 billion deal between the former chair of Productivity SA and CEO of Thuja Holdings Mthunzi Mdwaba, and the Unemployment Insurance Fund (UIF).

Acting Judge Japie Maritz made his judgement on Friday and said that the deal which was concluded in December 2022, was invalid and prevented Mdwaba from making further defamatory remarks about the Minister of Employment and Labour Thula Nxesi.

This follows Mdwaba’s numerous public claims that Nxesi solicited a R500 million bribe for the deal and that officials acting on behalf of three Cabinet ministers attempted to further solicit a 10% kickback from the irregular deal.

Allegations were that Finance Minister Enoch Godongwana, Higher Education Minister Blade Nzimande and African National Congress (ANC) secretary-general Fikile Mbalula approached Mdwaba for the bribe, despite the CEO failing to provide sufficient evidence of his claims.

Mdwaba previously said

You’ve reached your free article limit

Subscribe to enjoy unlimited access to trusted journalism. Cancel anytime.

Subscribe now

Need help? molokom@insidepolitic.co.za

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Inside Education E-edition August 2026

spot_img

Services Seta 2026

spot_img

CATHSSETTA

spot_img

AVBOB STEP 12

spot_img

Inside Metros G20 COJ Edition

spot_img

JOZI MY JOZI

spot_img

QCTO

spot_img

Latest article