Author: staff
The Investigating Directorate (IDAC) is adamant it submitted “prima facie” evidence that the Gupta network laundered the unlawful proceeds of the alleged R24.9 million Nulane scam – and it contends that they should defend their conduct in a retrial.
If President Cyril Ramaphosa is invited to the White House by US President Donald Trump, then he must go. This was the view of ANC secretary-general Fikile Mbalula who was speaking at the Fredrich Naumann Foundation Freedom dialogue on Thursday.
Deputy Labour and Employment Minister Jomo Sibiya was appalled by the conditions under which scores of undocumented Malawian workers were being held at Beautiful City, a Chinese-owned company in the Johannesburg city centre, which was raided in 2019.
FirstRand CEO Mary Vilakazi says the group’s appeal of a UK court ruling involving vehicle finance commissions its Cardiff-based subsidiary MotoNovo has been caught up in, will be crucial to determining whether it has to raise further provisions.
Sanlam CEO Paul Hanratty says the group wants to focus on growth areas like passive investment solutions, multi-management and alternative investments such as private equity, credit and infrastructure rather than active asset management.
Debt manifests as a form of quiet violence on society that gradually crowds out other priorities. SA’s budget process is finally facing unprecedented but necessary scrutiny, a reckoning with years of underfunded public services, says Khaya Sithole.
The Electoral Court has ruled against the MK Party’s application to set aside decisions taken by the Electoral Commission of South Africa after the party’s own blunders saw it field two candidates in the same ward by-election in Pietermaritzburg in December.
Investors have sold the dollar this week in a reversal of the so-called “Trump trades” which first gathered steam late last year, as they become increasingly concerned with the growth outlook for the world’s largest economy, which is already showing signs of a slowdown.
The Electoral Court has ruled against the MK Party’s application to set aside decisions taken by the Independent Electoral Commission after the party’s own blunders saw it field two candidates in the same ward by-election in Pietermaritzburg in December.
A French multinational firm has defended its selection for a big South African driving licence printing machine tender. This is despite a newly shared Auditor General report that found evidence of brazen disregard for procurement processes in the deal.