Developer Tongaat-Hulett under fire for blatantly using another firm’s plans.
DID TONGAAT-HULETT’S PROPERTY arm steal architectural draw-ings which were then used to raise capital from the Depart-ment of Trade and Industry for a luxury property development, from a trusting small consortium of KwaZulu-Natal businessmen?
If so, it fits neatly with the ugly truth about corporate South Africa’s tendency to steal ideas from small businesses. Noseweek has carried many such stories, from the “Please Call Me” vs Vodacom scandal (nose200), to Standard Bank being accused of clandestinely copying keypad software (nose204) to Foschini Group copying a unique bread-bin design and when caught, offering a paltry R30,000 to the Cape Town-based kitchen design studio (nose214).
Ballito-based Sugarland Resorts and Development (Pty) Ltd is convinced KwaZulu-Natal’s largest private property owner and developer, Tongaat-Hulett Developments (Pty) Ltd, used their intellectual property to sell a luxury estate plan to both local and national government, and convince Kuwaiti-based hotel developers, IFA, to come on board, to construct Zimbali Lakes, a R10-billion project on KwaZulu-Natal’s North Coast.
The Zimbali franchise just outside Ballito is synonymous with luxury gated estate living, with its luxury private mansions and hotel often used as quiet getaways by the rich and famous. Former AU chairperson Nkosazana DlaminiZuma has a home in the estate while Robert Mugabe’s family are said to have stayed there too.
Diese Geschichte stammt aus der February 2019-Ausgabe von Noseweek.
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Diese Geschichte stammt aus der February 2019-Ausgabe von Noseweek.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
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Lennie The Liquidator Faces R500,000 Defamation Suit
After losing his cool when his fees were questioned
Panel Beater De Luxe
Danmar Autobody and its erstwhile directors get a serious panel beating in court papers. Corruption and theft are said to have destroyed the firm chaired by Nelson Mandela’s eldest daughter, leaving 200 workers destitute and threatening to kill.
Meet Covid Diarist Ronald Wohlman
Ronald Wohlman – EX SOUTH African copywriter, author, and actor – never dreamt that his lockdown diaries, written on Facebook and followed by people all over the world – would become his “life’s work”.
A Picture Of Peace?
Beware: Appearances can be deceptive
Flogging A (Battery-Driven) Dead Horse
Why plug-in vehicles are not all they’re cracked up to be– and, likely, never will be
Everybody Drinks Corona
I am hesitant to go Into the pub today. Not because it’s illegal, but there is a crème colored 1985 Mercedes 300D parked behind the pine tree. This means the devil is inside; that’s what we call Dr. De Villiers. You don’t know whether you will encounter the good doctor with the charming bedside manner or the violent, bipolar bully. The problem is, most of the time, you can never be sure which it is, so it’s best to always keep a social distance.
Never Take A Hypochondriac To A Pandemic
From Ronald Wohlman’s New York Corona Diary
The money train
Transnet in court battle with liquidators of Gupta-linked audit firm over R57m in ‘corrupt’ payments and invoices
‘He's no pharmaceutical genius, he's a vulture'
Pharma con seeks prison release to ‘help find Covid cure’
Bush school – A memoir
OUR SCHOOL WAS IN THE MIDDLE of the bush, ten miles from the nearest town in the harsh beauty of the Zimbabwean highveld. It started life in World War II as No 26 EFTS Guinea Fowl, a Royal Air Force elementary flying training school and I arrived there in 1954, just seven years after it became an all-white co-ed state boarding school.
