Momentum sued for not paying claim for stolen items.
A construction company from Centurion that lost goods valued at more than R3 million when a business forum raided its offices has turned to the courts to get its insurer, Momentum, to pay out its claim for theft.
Thugs who engage in extortion on building sites, also referred to as the construction mafia, often pose as business forums representing the interests of local communities. They typically bring operations on site to a halt unless they get 30% of the contract value in work.
Although such activity is widespread, law enforcement has not acted against it in any significant way.
Tebelo Construction is suing Momentum Insurance for its refusal to pay a claim for the stolen goods. Momentum is contesting the claim.
The company states in court documents that it has been paying more than R57 000 a month to Momentum to cover the property in its offices against fire and theft.
هذه القصة مأخوذة من طبعة July 26, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة July 26, 2024 من The Citizen.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
US blamed for expo row
Analysts warn exclusion could have dire consequences for SA down the line.
4900 visas for critical skills jobs
South Africa has a list of almost 150 jobs considered by the department of employment and labour (DEL) to be in short supply.
Nsfas to decentralise
Department welcomes move, plans to set up regional, satellite offices.
Lawsuits cost health billions
Investigations stop R3 billion in fraudulent claims, parliament hears.
City face Inter reunion
Manchester City are braced for their Champions League reunion with Inter Milan at the start of an expanded tournament that will be \"so tough\" for the 2023 winners.
League Cup no inconvenience
Manchester United manager Erik ten Hag insisted he still believed English football's League Cup remained a \"significant\" competition.
State of rates in Africa
Africa’s largest economies to make changes for first time in years.
RAF not about to 'implode'
»» Improvements not sustainable without legislative changes, says Letsoalo.
Can Superbalist grow?
Shein overtakes the SA retailer, while Bash is different kind of threat.
Crochet gets sex appeal
100% cotton yarn garments do not loose shape ina cold wash.