The Department of Mineral Resources (DMR) has enforced its freeze on new mining right or prospecting right applications a day before the closing date for comments on the proposal and a day before an urgent court interdict was to be heard, the Chamber of Mines said on Thursday. Asked to[…]
A public relations firm that represents the Gupta-owned Oakbay Investments knew about the recommendations for a judicial inquiry into South Africa’s banks at least seven weeks before it was controversially published by Mineral Resources Minister Mosebenzi Zwane, Fin24 can reveal. Zwane was severely rebuked by the ANC and the presidency[…]
Mines Minister Mosebenzi Zwane reportedly recommended to Cabinet a drastic change to the Banks Act that would allow the finance minister to control bank licences. This formed part of an inter-ministerial committee he led to investigate why South Africa’s top banks blacklisted the Gupta family, who are friends with President[…]
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