Editor South Africa

Don’t Jump the Gun: Substantial Implementation Notices in Business Rescue Proceedings

By Brandon Cole In a recent decision handed down by the High Court of South Africa, Western Cape Division, Cape Town, on 16 August 2024, the court granted an interdict preventing the business rescue practitioner of Cambridge Services (Pty) Ltd from filing a notice of substantial implementation of the published and approved business rescue plan … Continue reading Don’t Jump the Gun: Substantial Implementation Notices in Business Rescue Proceedings

Editor compliance, Congo, culture of compliance, Mining, public sector corruption

A Reverse Goldmine: Glencore’s Troubled Congo Relationship Partners Yield Swiss Fines for Mining Giant

By Stephany Torres Swiss prosecutors have concluded a four-year investigation into the mining giant Glencore, resulting in a CHF 2 million (USD 2.3 million) fine and a USD 150 million compensation bill for the company. Notably, this Swiss enforcement action stems from a bribery scandal in the Democratic Republic of Congo (DRC), dating back to … Continue reading A Reverse Goldmine: Glencore’s Troubled Congo Relationship Partners Yield Swiss Fines for Mining Giant