Deep divisions over VBS liquidation
It has been an extraordinary week for SA's banking industry with the crippled VBS Mutual Bank finally liquidated and the fallout from the scandal rippling through the markets and municipalities which had accounts with it. Legalbrief reports that the ...
Manyi addresses alleged GCIS corruption
Former GCIS CEO Mzwanele Manyi yesterday highlighted alleged corruption at the agency in 2011 as a reason for sweeping changes he made to procurement structures shortly after his appointment. He was granted an opportunity to give testimony to refute allegations ...
Moyane files urgent application against dismissal
Former SARS Commissioner Tom Moyane says he cannot let his removal from office by President Cyril Ramaphosa go unchallenged and he has filed an urgent application to have the decision reviewed and set aside. Ramaphosa fired him two weeks ago ...
Date set for World Cup stadium damages claim
The City of Cape Town’s R429.47m High Court civil damages claim against listed construction groups WBHO, Aveng and Stefanutti Stocks – related to collusion and bid-rigging on the Cape Town Stadium – has been set down to be heard ...
Sasol Oil wins R1.3bn reprieve from SCA
Eastern Cape hospital in critical condition
Fisheries department crippled over infighting
Transnet sues to recoup Gupta-linked tender losses
AG sues for arrears
Deloitte aware of African Bank’s inflated loan book
Penalties skewed against ordinary taxpayers
Hefty fine for HSBC
Payroll body wants SARS’ ‘accounting errors’ fixed
Lawyers and manager on R78m embezzlement charges
Nedlac CFO suspended
Legislation: Justice Committee adopts Cybercrimes Bill
A ‘B’ version of the 2017 Cybercrimes Bill was adopted yesterday by the National Assembly’s Justice and Correctional Services Committee, with two substantive amendments proposed by the DA’s Werner Horn and Glynnis Breytenbach, reports Pam Saxby for Legalbrief Policy Watch. Endorsed ...
Legislation: DA tackles guarantees, indemnities, securities process
A Public Finance Management Amendment Bill to be tabled soon in the National Assembly by the DA’s Alf Lees will seek to ‘extend Parliament’s oversight capacity in relation to the granting of government guarantees, indemnities and securities in terms of ...
Local government: ‘Wall-to-wall system’ susceptible to ‘corruption’
The ‘wall-to-wall system’ of local and district municipalities is in the early stages of being reviewed. According to Co-operative Governance and Traditional Affairs Deputy Minister Andres Nel, this is noting that, among other things, the powers and functions of local ...
Public sector corruption indicative of widespread rot
Private-sector corruption could be ‘quite a bit worse than we think’. That’s the view of Claudelle von Eck, CEO of the Institute of Internal Auditors SA (IIA SA) who believes rampant corruption in the public sector has ‘lulled us into ...
Zuma fee battle could set a precedent
The High Court battle over who should pay former President Jacob Zuma’s legal fees could be precedent-setting – by establishing principles for when and how the state will pick up the tab when officials are charged with corruption in the ...
Why Zimbabwe’s economy is evaporating fast
October’s economic turmoil in Zimbabwe has again highlighted the precarious state of the country’s economy. A casual social media post or imprudent policy statement by a government official is enough to cause panic among Zimbabwean consumers who know from bitter ...
Rest of Africa
Abuja ordered to adjust oil profit sharing model
A Supreme Court panel, which included Chief Justice Walter Onnoghen, has unanimously ordered the federal government to adjust its share of proceeds from the sale of crude oil whenever the price exceeded $20 per barrel. THISDAY reports that the ruling ...
Buhari’s wage hike plan hits a hurdle
On the campaign trail for re-election in February, Nigeria's President Muhammadu Buhari may have spoken too soon when he backed an initiative to hike his country's minimum wage by two-thirds. A report on the News24 site notes that ...
Former head of arms conglomerate detained
Ethiopia has detained the former head of a large military-run industrial conglomerate, a day after the Attorney-General disclosed that several hundred m i l l i o n dollars was embezzled from the firm. Major-General Kinfe Dagnew, the former head ...
Sweeping arrests over rights violations
Army deployed to avert cashew nut crisis
Security clampdown sees mining profits soar
Mugabe-era Minister on the run
Tax evasion charges slammed
A move by the Philippines Justice Department to charge investigative news site Rappler with tax evasion is being seen as a thinly disguised attempt to stifle press freedom in the South East Asian country. Then Justice Department on Friday said ...
Harry Potter author sues PA for £24 000
Author JK Rowling has sued her former personal assistant for £24 000 after the employee allegedly used the author’s personal funds to go on unauthorised shopping sprees. According to a report in The Independent, the writer says Amanda Donaldson, who ...
India and Morocco sign extradition MoU
Morocco and India have signed an agreement on mutual legal assistance in criminal matters and the extradition of ‘fugitive offenders'. Its aim is to strengthen bilateral co-operation and enhance effectiveness and provide a broad legal framework for prevention, investigation and ...
German bank embroiled in DRC land dispute
Chevron accused of tax evasion
* A suspicion that Tigon-accused Gary Porritt is malingering to further delay his long-running trial in the Gauteng High Court (Johannesburg) resulted in Judge Brian Spilg ordering he be taken to a private neurosurgeon for a scan. Two different physicians certified ...
* Attorney Mbongeni Frederick Mathe, who was convicted of theft after he stole R10 000 in inheritance money meant for three children, has been struck off the roll following a ruling in the KZN High Court (Pietermaritzburg). Mathe was sentenced to ...
* A Gauteng High Court (Pretoria) judgment has prompted former President Jacob Zuma’s supporters to raise funds to help him pay the R10m in legal fees he incurred when he unsuccessfully tried to block the state capture report. Zuma supporters said ...