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Border fence contractors lose appeal to retain profits

By Staff Reporter • 20 December 2023
Border fence contractors lose appeal to retain profits

The Special Investigating Unit (SIU) welcomed last week's judgment by the High Court of South Africa: Gauteng Division in Johannesburg. The court dismissed an application by Caledon River Properties Pty Ltd and Profteam CC to appeal a decision of ...

The Special Investigating Unit (SIU) welcomed last week's judgment by the High Court of South Africa: Gauteng Division in Johannesburg. The court dismissed an application by Caledon River Properties Pty Ltd and Profteam CC to appeal a decision of the Special Tribunal that stripped them of profits earned from constructing a border mesh fence during the Covid-19 pandemic.

The two contractors were jointly paid R21.8 million out of the R40.4 million in advance by the Department of Public W...

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