Seated in a plush leather armchair in his office in the silo district of the V&A Waterfront in Cape Town, Iqbal Survé is more reticent than his recent public utterances.
His desk, overlooking Table Mountain, is tidy except for the stacks of paper towering over parts of it. There are confidential documents everywhere in the office, we are told, by way of explanation when we are prevented from video recording the interview. The photographer is also not permitted to take pictures of anything in the office but a seated Survé.
When he talks about what he believes to be a campaign against him, driven by racist forces in business and the media, he appears far removed from reality.He is uncannily shrewd. You do not amass a fortune as vast as his without some cunning. He does, however, concede that he has a personal relationship with Dan Matjila, the outgoing chief executive of the PIC. “I consider him a friend, that is the first thing,” he says. He rejects any assertion, however, that it is precisely that friendship that influenced the PIC’s decision to invest in Ayo, the IT company in which Survé holds an indirect stake.
In the acquisition of Independent Newspapers, the PIC loaned Survé’s Sekunjalo Investments R1-billion. Survé has been unable to keep up his commitments to the PIC, a result, he says, of the turbulence in global media commerce. But, he says, he has not leaned on the PIC, as a shareholder, to help prop up the Indy, which runs at a R300-million annual loss. It falls to him to fund the loss, he says. And he indicates that Sekunjalo seeks to do right by the PIC.
Source: News Formal (newsformal.com)
Where are PIC billions, pay them back. That's poor people's money
The Man is like a modern day Walter Mitty
khadijapatel Yes...he talked about making a difference while placing no value judgement on the difference. Making a difference can also mean impoverishing pensioners.
So doc if I understand ur passion correctly: For 10 years it was the nicest feeling to work with microbs individually on differentt levels of existence, while you prefer working for Macro because Makro drives you to make a difference between insanity and ambition.
Dr of Business and he is confident also not intimidated by commissioners.
I like the way he spoke about white people.The assistant commissioner was irritated.
Taking money that's not yours on a macro level as well
The Iqbal according to the world🙈🤦🏻♂️
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: ewnupdates - 🏆 30. / 53 Read more »
Source: ewnupdates - 🏆 30. / 53 Read more »
Source: ewnupdates - 🏆 30. / 53 Read more »
Source: City_Press - 🏆 7. / 72 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »
Source: mailandguardian - 🏆 2. / 92 Read more »