PE firm’s closure hits many hard

Staff not paid, contractors owed more than R1m


The sudden closure of a Port Elizabeth engineering firm has left dozens of workers in the lurch and a Perseverance business still owed more than R1m.

This article is reserved for HeraldLIVE subscribers.

A subscription gives you full digital access to all our content.

Already subscribed? Simply sign in below.

Already registered on DispatchLIVE, BusinessLIVE, TimesLIVE or SowetanLIVE? Sign in with the same details.

Questions or problems? Email or call 0860 52 52 00.