Mines in decline -- Aurora to the rescue -- The president's men -- A family affair -- From Malaysia with love -- The inside man -- "The deal is going to print money" -- Scrap has value -- Hope and despair in Springs -- Paying back the money -- A liquidators' war.
Summary:
"In October 2009, Aurora Empowerment Systems a black-owned, politically connected business, made a bid to rescue the liquidated Pamodzi Gold mines. Former president Jacob Zuma's nephew Khulubuse Zuma, his lawyer Michael Hulley and Nelson Mandela's grandson Zondwa Mandela, were listed as directors of Aurora. The company looked too good to be true - promising to turn the mines into a new business that would offer stellar benefits to workers, while also expanding into Africa. Soon after the acquisition, the first cracks appeared. More than 5000 workers and suppliers, who depended on their employment to keep themselves and families alive, went unpaid. Over the next few years, and Aurora-managed mines were stripped of assets, as illicit payments went to families of the "connected" while workers starved. Despite a litany of evidence of Aurora's dishonesty, to this day little has been done to bring the perpetrators to book."-- Back cover.
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.