South Africa’s Treasury is pressuring the continent’s biggest money manager to provide as much as $7.6 billion to fund struggling state companies.
The post Gigaba vs Matjila: The scramble for pensioner funds – seeks $7.6bn SOE bailout appeared first on BizNews.com.
South African Reserve Bank governor Lesetja Kganyago kept the repo rate steady at 6.75%. Despite 17 of 21 economists surveyed by Bloomberg expecting a cut.
Dr Makhosi Khoza, who became a household name following the blatant attacks carried out on her integrity and the threats to her family, has quit the ANC.
The post MUST READ: Why I quit new alien and corrupt ANC – Makhosi Khoza appeared first on BizNews.com.
Business Leadership South Africa suspended the membership of KPMG (SA) pending the outcome of an independent investigation into the organisation’s involvement in conduct related to “state capture” in South Africa.
The post BLSA suspends KPMG’s membership pending outcome of independent investigation appeared first on BizNews.com.
What do former Eskom board member Mark Pamensky, former Eskom CFO Anoj Singh, and at least four of the ousted KPMG partners have in common? They are all registered chartered accountants.
The post SA’s Gupta-cursed Chartered Accountants: Disgrace to global profession? appeared first on BizNews.com.
Public Enterprises Minister Lynne Brown has instructed Eskom to begin legal action against companies including McKinsey over their involvement in disputed contracts at the state-owned electricity company.
The post Brown takes legal action against chief suspects in Eskom’s shady dealings appeared first on BizNews.com.
Daniel Silke bemoans the resignation of courageous ANC MP Makhosi Khoza, as do presidential hopefuls Lindiwe Sisulu and Dr Zweli Mkhize.
The post Khoza resignation could be a risk – or a catalyst for change; Daniel Silke appeared first on BizNews.com.
At the beginning of August, Bell Pottinger CEO James Henderson shrugged off criticism that his company was a force for evil in the Gupta-Zuma state capture campaign.
The post Bell Pottinger CEO pays price of #GuptaCurse: R125m in life savings down the tubes appeared first on BizNews.com.
The co-founder and chair of global business software giant SAP has responded to an open letter we penned regarding the company's Gupta probe.
The post SAP chair Hasso Plattner responds: ‘I profoundly apologise to South Africa’ appeared first on BizNews.com.
Cyril Ramaphosa heads off to London with the SA delegation to present South Africa’s bid to host the 2023 Rugby World Cup.
The post Ramaphosa heads Government delegation to back SA Rugby’s 2023 World Cup bid appeared first on BizNews.com.