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Etymologies
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Examples
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Arising out of the fire three separate actions were instituted in the Cape High Court, in which Durr, Taylor and Safcol sought as plaintiffs to recover the loss suffered by them as a result of the fire.
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The high court in the third matter (Safcol) held the Minister and nature conservation jointly and severally liable for 75 percent and Cape Town 25 percent of such damages as may be proved.
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In the Safcol matter a majority judgment of the SCA held that as the fire had originated on land belonging to Cape Town, it owed a legal duty to its neighbours.
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Town but rather Safcol the possessor or controller of the land in question at the time.
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As a result of those concerns, the department, in consultation with other state departments, was now reviewing the future role of state-owned forest management company, Safcol, and its wholly owned subsidiary KLF.
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Leon charged that Komatiland Forest Timber, which had halted the supply of logs to the 13 mills at short notice, had only one shareholder: Safcol, which itself is 100 percent state-owned.
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Speaking at the Saw Millers 'Conference in Nelspruit, he said the privatisation of Safcol in 1999, had not actually happened.
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"Not only is Safcol still state-owned, but it is clearly intervening in the market in a manner that shows a blatant disregard for small businesses and the jobs they create," Leon said.
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Dr Mothomang Diaho and Mohammed Bhabha had been appointed as non-executive board members at Safcol.
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New appointment have been made to the boards of arms manufacturer Denel and the SA Forestry Company Ltd (Safcol), Public
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