On May 5, 2021, Moneyweb published a story regarding Daybreak Farms’ joint venture with Hestony Transport. That story referred to a forensic investigation, at the behest of Daybreak’s board, which probed allegations of wrongdoing at this joint venture.
The story was largely based on the forensic report resulting from this investigation. Moneyweb, however, also had access to unverified supporting documents.
In also using some of these supporting documents as a basis for the story, Moneyweb erroneously reported that several companies – Xspan Logistics, Muhari Logistics Fairland Longhaul and Willowton Logistics – which supplied the joint venture should be investigated for criminal activity.
This was should not have been done as it was not a conclusion of the report.
Moneyweb unreservedly apologies to these companies for the implications that they were involved in dishonesty and criminal activity.