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30 Jun 2003

Business Day [South Africa]

Cape plc finally pays out

A long-running battle for compensation by the British company Cape to South African miners with asbestos-related diseases was settled yesterday for 7.5 million pounds. The settlement includes provision for a further 3.1 million pounds by the South African company Gencor, making a total payout to the workers of around 10.6 million pounds. The compensation deal was clinched in March, but formally approved yesterday

Part of the following stories

Cape plc finally pays out

Cape/Gencor lawsuits (re So. Africa)