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It’s war! Can Prasa board members keep their jobs? R14bn corruption scandal...
Transport minister Dipuo Peters In August 2015, former Public Protector Thuli Madonsela found evidence of widespread maladministration and impropriety in the awarding of tenders worth about R2.8bn at...
View ArticleMore kicks than halfpence. Why information-gathering crooks simply have to be...
Court judgments are meant to be read in their entirety. Unfortunately, our warp-speed world rarely affords that luxury. So most of us rely on headlines or, at best, an interpretation by those skimming...
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Nuclear judgement an epic defeat for the Zuptoids. Hope springs for SA.
By Alec Hogg The most abiding memory of my third and last visit to SA’s Presidency back in February 2015, was the incumbent grumbling about how he kept losing court cases. Jacob Zuma told assembled...
View ArticleWORLDVIEW: Unravelling of the $100bn nuclear deal began at a quiet...
Yesterday’s High Court judgement is probably not the end of the nuclear saga. It is, however, a huge blow for those trying to drive through the process. This is a BizNews Premium article. Please login...
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More headaches for MTN as SA court allows Turkcell to launch $4.2bn lawsuit
Just when you thought that MTN had managed to deal with its disastrous multi-billion naira fine settlement in Nigeria for failure to disconnect about 5 million unregistered SIMs, another potential...
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Bankorp saga: Absa tells Public Protector it won’t pay back R1.125bn amount
Busisiwe Mkhwebane JOHANNESBURG — Public Protector Busisiwe Mkhwebane on Monday delivered findings on some of her reports to the media, one of which surprisingly being that of the Absa-Bankorp saga....
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Clearing out the Zuptas: Lynne Brown unveils new Eskom interim board
By Yolandi Groenewald and Matthew le Cordeur, Fin24 Johannesburg – Public Enterprises Minister Lynne Brown has unveiled an interim Eskom board, which has the uphill challenge of steering the...
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Paul O’Sullivan taps into crowdfunding to expand his fight against SA corruption
Fearless forensic investigator Paul O’Sullivan has introduced an innovative way to address his dual frustrations of mushrooming corruption and lack of resources to fight it. The crime fighter whose...
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Small victories: Legal action halts Zwane’s Mining Charter, for now
By Fin24 Cape Town – The implementation of the shock new Mining Charter, requiring local mines to be 30% black-owned, has been suspended, the Chamber of Mines announced on Friday. The Chamber of Mines...
View ArticleEgg on her face: Reserve Bank secures key victory against PP Mkhwebane
Tshwane’s North Gauteng High Court has struck down a bid by Public Protector Busisiwe Mkhwebane to change the mandate of the Reserve Bank. As part of her Absa-Bankorp finding in June, Mkhwebane...
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Clearing out the Zuptas: Lynne Brown unveils new Eskom interim board
By Yolandi Groenewald and Matthew le Cordeur, Fin24 Johannesburg – Public Enterprises Minister Lynne Brown has unveiled an interim Eskom board, which has the uphill challenge of steering the...
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Paul O’Sullivan taps into crowdfunding to expand his fight against SA corruption
Fearless forensic investigator Paul O’Sullivan has introduced an innovative way to address his dual frustrations of mushrooming corruption and lack of resources to fight it. The crime fighter whose...
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Small victories: Legal action halts Zwane’s Mining Charter, for now
By Fin24 Cape Town – The implementation of the shock new Mining Charter, requiring local mines to be 30% black-owned, has been suspended, the Chamber of Mines announced on Friday. The Chamber of Mines...
View ArticleEgg on her face: Reserve Bank secures key victory against PP Mkhwebane
Tshwane’s North Gauteng High Court has struck down a bid by Public Protector Busisiwe Mkhwebane to change the mandate of the Reserve Bank. As part of her Absa-Bankorp finding in June, Mkhwebane...
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Magda Wierzycka, Helen Suzman Foundation sue Zuptas over state capture
JOHANNESBURG — Sygnia founder and CEO Magda Wierzycka has joined forces with the Helen Suzman Foundation to slap a multibillion-rand lawsuit on the Zuptas. The legal action centres on state capture and...
View ArticleBusted – High Court finds Gigaba violated constitution, lied under oath
DUBLIN — Malusi Gigaba’s tenure as finance minister has had a few ups and downs. What happened today seems to represent a low point – a few minutes before Gigaba gave his budget speech, news broke that...
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Job-creating renewables deal stalled by Numsa, Zuma-backer ‘Transform RSA’
JOHANNESBURG — In a last-ditch effort, the National Union of Metalworkers of South Africa (Numsa) successfully managed to interdict the country’s much-needed R56bn renewables deal in the North Gauteng...
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Imperial CEO Mark Lamberti goes public, tells staff his side of racism...
LONDON — My abiding memory of Imperial CEO Mark Lamberti happened some years back en route to an otherwise forgettable shindig in Mozambique. Lamberti, founder of the massive Massmart Group, is a...
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Mark Lamberti resigns from Business Leadership South Africa board
BLSA media statement: Mr Mark Lamberti has resigned from the Board of Business Leadership South Africa (BLSA). BLSA members are committed to playing their part in creating a South Africa of increasing...
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Mark Lamberti resigns as Imperial CEO, hands baton to ex-CFO Osman Arbee
JOHANNESBURG — Mark Lamberti surprised the market this morning when Imperial Holdings Limited issued a Sens announcing his resignation as CEO. The resignation comes in the wake of the Adila Chowan...
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