News
< Back
Polymer Technology: REDISA’s vindication and why it matters to you
Summary:
REDISA was awarded Runner-up for the Circular Economy Governments, Cities and Regions Award at The Circulars awards at the World Economic Forum in Davos on 19 January. The award recognises the public policy initiative which best enables an environment for the circular economy to develop and flourish.
“The SCA judgement is clearly a ringing vindication for the directors of the companies invovled, and we can be pleased that an injustice has been righted.”
REDISA was set up in 2012 to manage the national waste tyre problem and to carry out a programme that by 2017 employed over 3000 people in collection, transport, depots and processing plants. It appeared to be working, yet in June 2017 the then Minister of Environmental Affairs, the late Edna Molewa, brought ex parte applications against REDISA and Kusaga Taka (the company appointed by REDISA to manage the operational aspects of the programme) for their provisional liquidation. Ex parte* applications are carried out without the responding party (REDISA and Kusaga Taka in this case) being given an opportunity to oppose the application, and indeed without them even being notified.
Read more: https://issuu.com/tohara/docs/sapt_feb-mar_2019/10
You may also like:
News
Redisa says to revive operations after Supreme Court ruling
The Recycling and Economic Development Initiative of South Africa (Redisa) said it was committed to reviving its operations after the Supreme Court of Appeal (SCA) in January overturned a liquidation order against it granted in 2017.
Achievements
European Development Days 2016
Achievements
Global Economic Symposium (GES) 2014