Board Social and Ethics Committee

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Exclusive: Club Med deal exposes IDC governance failures
Byadmin April 17, 2026

A multi-million rand investment in the R2.1 billion Club Med Tinley Leisure project has lifted a lid on corporate governance failures at the state-run Industrial Development Corporation (IDC). The IDC allegedly allowed a senior deal-maker facing serious charges of financial misconduct to lead its transaction team for its investment in the project. Against the advice…

Read More Exclusive: Club Med deal exposes IDC governance failures

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