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Seven VBS suspects to appear in court

Seven of the eight suspects arrested for their alleged involvement in the Venda Building Social (VBS) Mutual Bank scandal are expected to appear in the Palm Ridge Regional Court in Gauteng on Thursday morning. One of the suspects remains in quarantine due to the coronavirus. The arrests were made on[…]

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SAA business rescue plan might not be adequate, govt says

South Africa’s government said it was concerned that a business rescue plan for troubled national carrier SAA published late on Tuesday might not be adequate. The government placed financially strapped South African Airways under business rescue last December, but efforts to revive its fortunes have so far stuttered partly due[…]

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