Minister of Finance Malusi Gigaba has said that it’s “quite concerning” for the South African economy that corruption charges against President Jacob Zuma have been reinstated, saying it “raises the political risks”. He also said that he is in “full support” of a judicial commission of inquiry into corruption across[…]
The Pretoria High Court will on Thursday hand down judgment in an urgent application for an interdict brought by 20 Gupta family companies to halt the closure of their last remaining bank accounts in South Africa. The application is for interim relief to stop the Bank of Baroda from closing[…]
Crime policing unit, the Hawks, has distanced itself from claims made by President Jacob Zuma’s son that he has been cleared of wrongdoing by the policing unit. Duduzane Zuma made the claims in an open letter to former Finance Minister Pravin Gordhan. In the letter, Zuma accused Gordhan of targeting[…]
The Democratic Alliance (DA) wants Public Relations Company Bell Pottinger to make a full disclosure on it’s the contracts with the Gupta family. This comes after the British based PR Company was found guilty by the U.K’s Public Relations and Communications Association (PRCA) for breaching its code over work done[…]
The extent of the Gupta family’s alleged power over South Africa and its leaders could possibly be laid bare when between 100 000 and 200 000 leaked Gupta emails are expected to be made available to journalists soon. A portion of these emails were leaked to the City Press and[…]
An affidavit by Finance Minister Pravin Gordhan appears to reveal that the Department of Mineral Resources withheld information related to its approval of the transfer of R1.5-billion from a trust account intended for the rehabilitation of the Gupta-owned Optimum Coal Mine to India’s Bank of Baroda. Mineral Resources spokesman Ayanda[…]
The fact that Cabinet minister Des van Rooyen may have more to hide could have an influence on his attempt to block the release of outgoing Public Protector Thuli Madonsela’s report into “state capture”. According to a BBC report, secret cellphone records place Van Rooyen at the Gupta home the[…]
President Jacob Zuma and Local Government Minister Des Van Rooyen’s applications to interdict the Public Protector’s “state capture” report will be heard on November 1. This meant that Thuli Madonsela would not release the interim report on Friday. She would, however, still brief the media about her other reports. Van[…]
The controversial Gupta-linked deal by state-owned arms manufacturer Denel is close to collapse because due processes were not followed, Finance Minister Pravin Gordhan said on Wednesday, thus making the transaction illegal. Denel and VR Laser Services – a company in which the Gupta family and President Jacob Zuma’s son Duduzane[…]
The Congress of South African Trade Unions (Cosatu) said on Tuesday it had met the Gupta family over concerns that staff at its company may be the victims of collateral damage from political battles. Cosatu spokesman Sizwe Pamla said the federation had made it clear that staff should not bear[…]
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