{"id":58413,"date":"2023-12-22T17:28:53","date_gmt":"2023-12-22T17:28:53","guid":{"rendered":"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments"},"modified":"2023-12-22T17:58:54","modified_gmt":"2023-12-22T17:58:54","slug":"anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments","title":{"rendered":"ANC says deal reached on billboard debt with Ezulweni Investments"},"content":{"rendered":"

Africa-Press – South-Africa. <\/strong><\/span>The ANC says it has reached an out-of-court settlement with Ezulweni Investments, which had earlier this month threatened to attach the party\u2019s assets.<\/p>\n

<\/a>In a terse statement on Friday, party spokesperson Mahlengi Bhengu-Motsiri said: \u201cThe African National Congress confirms that it has settled out of court with Ezulweni Investments.\u201cThe matter has been resolved in the best interest of both parties.\u201d<\/p>\n

It was revealed last month the ANC faced liquidation after its failure to pay its debt to the KwaZulu-Natal based printing and marketing company that supplied it with election campaign material in 2019.<\/p>\n

Previously Ezulweni applied to seize assets worth more than R102m from the ANC after the party refused to pay it despite two judgments in the company\u2019s favour, one handed down in September 2020 and an appeal heard by a full bench of the Johannesburg high court in June 2022.<\/p>\n

The Supreme Court of Appeal upheld a decision of the Gauteng High Court last month, which the party initially said it would appeal to the Constitutional Court.<\/p>\n

For More News And Analysis About South-Africa<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – South-Africa. The ANC says it has reached an out-of-court settlement with Ezulweni Investments, which had earlier this month threatened to attach the party\u2019s assets. In a terse statement on Friday, party spokesperson Mahlengi Bhengu-Motsiri said: \u201cThe African National Congress confirms that it has settled out of court with Ezulweni Investments.\u201cThe matter has been […]<\/p>\n","protected":false},"author":84,"featured_media":58412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[274,315,275],"class_list":["post-58413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-south-africa","tag-south-africa-2"],"yoast_head":"\nANC says deal reached on billboard debt with Ezulweni Investments - South Africa<\/title>\n<meta name=\"description\" content=\"The ANC says it has reached an out-of-court settlement with Ezulweni Investments, which had earlier this month threatene ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ANC says deal reached on billboard debt with Ezulweni Investments\" \/>\n<meta property=\"og:description\" content=\"The ANC says it has reached an out-of-court settlement with Ezulweni Investments, which had earlier this month threatene ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\" \/>\n<meta property=\"og:site_name\" content=\"South Africa\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-22T17:28:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-22T17:58:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/12\/sm_1703255263.602899.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ANC says deal reached on billboard debt with Ezulweni Investments\",\"datePublished\":\"2023-12-22T17:28:53+00:00\",\"dateModified\":\"2023-12-22T17:58:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\"},\"wordCount\":192,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/south-africa\/sites\/31\/2023\/12\/sm_1703255263.602899.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-South-Africa\",\"South-Africa\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\",\"url\":\"https:\/\/www.africa-press.net\/south-africa\/all-news\/anc-says-deal-reached-on-billboard-debt-with-ezulweni-investments\",\"name\":\"ANC says deal reached on billboard debt with Ezulweni Investments - 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