Diversification of obligation, would be flattering, or rather maybe just openingToko wrote:Community investment obviously the new way to go
loopholes for abuse???
Diversification of obligation, would be flattering, or rather maybe just openingToko wrote:Community investment obviously the new way to go
H. erectus wrote: the Danish Residor Group and a Danish energy fund are investors, as are SA's IDC and the PIC;
There is quite a lot of confusion in this whole matter. The following might be details, but why are they not giving the right information?Richprins wrote:Mr. Wright, representing the developers, also advises government wrt. tourism developments in other parks (note conflict of interest);
the Danish Residor Group and a Danish energy fund are investors, as are SA's IDC and the PIC
I fail to see how the IDC (Industrial Development Corporation) can be regarded as an investor? They provide cheap government loans for mostly Black Empowerment schemes...but you have to pay back the loan...
Same with PIC...Public Investment Corporation...also loans?
I also can't understand how Residor can be both an investor and the managing agent of the hotel, which has been their role up until now pending completion?
Weird!