Numsa loses ConCourt bid to force Parliament to halt liquidation of SA Express, Denel

The original article can be found here.

Article highlights:

• The Constitutional Court has ruled that an application by Numsa falls outside of its jurisdiction and mandate to hear directly.
• Numsa wanted Parliament to be the entity to decide whether state-owned enterprises like SA Express and Denel can be allowed to go insolvent.
• There are some 700 state-owned entities in SA.