According to a press statement, Oakbay Investments has invested more than R10bn in South Africa and employs more than 4 500 people.
"The Gupta family has a 23-year history of strong business performance and turnaround skills," it said. "This strong performance has come almost entirely via successful activity in the private sector, with less than 1% of the Group’s revenue coming from government contracts."
"The Gupta family has a 23-year history of strong business performance and turnaround skills," it said. "This strong performance has come almost entirely via successful activity in the private sector, with less than 1% of the Group’s revenue coming from government contracts."
"Sector diversification has also enabled Oakbay companies to deliver consistent growth and job creation throughout times of both economic boom and bust.
"For example, 47 000 jobs have been lost in South Africa’s mining sector between 2012 and 2015. In contrast, Oakbay’s mining companies have created 3 500 jobs in the sector."
"For example, 47 000 jobs have been lost in South Africa’s mining sector between 2012 and 2015. In contrast, Oakbay’s mining companies have created 3 500 jobs in the sector."
