Pools of stagnant water, deadly illegal electricity wires and flimsy shacks line a battered street in Thokoza, where frustration has exploded over South Africa's post-apartheid failures.
I am a founder and former director of ENG Capital PVT LTD (ENG). My company was the first casualty of the so-called Anti-Graft war launched by RBZ Governor Gideon Gono in December 2003. I have had to field questions about the nature of ENG’s problems and what led to its closure and current status .I had to respond .I will try to limit response to the immediate business case of the Group the politics of the matter will be subject of another writing .It should be noted ENG Capital Group was placed into liquidation at the request of the Directors as a way to secure the firm’s creditors and investors. ENG has fully repaid all claims against it. All the creditors and investors have been fully repaid .This can be confirmed with the Liquidators at CAMELSA .Based on independent valuations and estimates ENG had assets of Z$ 180 billion against liabilities of $ Z 85 billion. ENG was a solid business model and had a strong asset position and this point has been proven beyond any doubt given that All creditors have been fully repaid despite ENG assets being looted and deliberately undervalued.
Financial Services 
