Optimum Coal Mine has failed to pay a R4.2 million invoice to a company contracted to build a new state-of-the-art public health clinic. The Gupta family-owned Optimum is the company at the centre of the Public Protector’s State of Capture report and could face losing its mining rights, GroundUp reported.[…]
The New Age newspaper, owned by the Gupta family, scored up to R17.1 million in an alleged money-laundering scheme involving Eric Wood, CEO of Gupta-linked financial services advisory group, Trillian. So say emails and documents before the Pretoria High Court by Regiments Capital, a competitor company of which Wood had[…]
The National Union of Mineworkers (NUM) has denied that it is captured by the Guptas. The union was reacting to a story aired on eNCA on Thursday night wherein it’s general-secretary David Sipunzi said the Guptas funded it’s Central Executive Committee conference in June this year to the tune of[…]
SACP general secretary Blade Nzimande has labelled the politically connected Gupta family as “parasites”, and has called for their influence to be defeated. “Parasites like the Guptas are not alternative to monopoly capital. Instead their parasitic acts can only serve to weaken the capacity of our state and struggle to[…]
Des van Rooyen visited the Gupta family compound not just once, but seven times, in the days before his appointment as finance minister by President Jacob Zuma in December last year. The visits, on consecutive days between December 2 and 8, have been revealed by a team of public protector[…]
The Economic Freedom Fighters is on Sunday set to open a criminal case against the Gupta family and their company directors after “suspicious” transactions were revealed in a court application by Finance Minister Pravin Gordhan. EFF spokesperson Fana Mokoena said their case was based on prima facie evidence in Gordhan’s[…]
Court papers filed by Finance Minister Pravin Gordhan that contain details of “suspicious” bank transactions by Gupta-owned companies totalling almost R7bn may be the first indication that Treasury has put in motion its so-called “nuclear bomb” option. Gordhan on Friday launched an application in the High Court in Pretoria in[…]
The Gupta family are aggressively wooing the shareholders of UBank in a desperate bid to buy the financial institution to ease their banking woes. This comes two years after the Guptas’ first attempt to buy UBank failed and months after all of South Africa’s major banks stopped doing business with[…]
Leaders from the SACP and ANC, including President Jacob Zuma, are locked in a meeting to discuss their differences after struggling for weeks to find a suitable date. SACP chairperson Alex Mashilo confirmed that the meeting started late on Monday. Two of the issues expected to top the agenda are[…]
With more than 20 years of democracy, tomorrow South Africans will celebrate the day that the dream of an equal South Africa was realised – Freedom Day. April 27, 1994, is a day that is marked by images of thousands queuing to cast their vote in the first democratic elections.[…]
WhatsApp us 