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11 May 2026 Corruption & Governance Watch

Focus


Denials and blame-shifting as Tolashe opens up

Embattled Social Development Minister Sisisi Tolashe has finally started responding in person about several damning allegations against her, but questions on some issues remain unanswered and she shifted blame to other Ministers and officials. Tolashe insisted she did not mislead Parliament ... Read More

South Africa


'Extortionist' textbook pricing exposed amid wider fallout

The ongoing textbook scandal is putting deeply questionable government procurement practices in the spotlight. It turns out that Limpopo-based Fulu Books listed a picture/sound display for Grade 3 Tshivenda home language learners at R18 950, while Shuter & Shooter ... Read More

Godongwana declares Johannesburg bankrupt

Finance Minister Enoch Godongwana has declared Johannesburg bankrupt in a letter to Mayor Dada Morero, forbidding the city from implementing a wage agreement with the South African Municipal Workers' Union (Samwu) worth R10.3bn over two years, News24 reports. In ... Read More

Huge cocaine theft flagged as hearings continue

As the Madlanga Commission carried on this week, it became clear the unsolved theft of 541kg of cocaine from the Hawks’ Serious Organised Crime Investigation offices in Port Shepstone in 2021 was preceded by a series of unusual events. The ... Read More

Analysis


ANC's silence on Tolashe eroding public trust

The ANC is bleeding credibility by failing to act on the Sisisi Tolashe SUV scandal, and President Cyril Ramaphosa's silence is making it worse, Oliver Meth, a development and political communications strategist, argues in TimesLIVE. The ANC Women's ... Read More

Rest of Africa


Ghana MP arrested over alleged scholarship corruption

Ghana's Bureau of National Investigation (BNI) has arrested MP Kingsley Agyemang in connection with alleged corruption during his tenure as Registrar of the Ghana Scholarship Secretariat, Pulse reports. The arrest was confirmed on 5 May by CEO of Ghana ... Read More

UK bans ex-bank executives over Mozambique kickbacks

The UK's Financial Conduct Authority (FCA) has permanently banned two former Credit Suisse managing directors who pleaded guilty to US charges for their involvement in a corruption scheme in Mozambique, Investment Executive reports. Andrew Pearse and Surjan Singh admitted ... Read More

Mzembi granted bail in Zimbabwe corruption trial

Zimbabwe's former Tourism Minister Walter Mzembi has been granted bail pending judgment in his corruption trial after failing in at least three previous bail applications, ZimLive reports. Justice Benjamin Chikowero ordered Mzembi's release with strict conditions: he must ... Read More

World


LG widow files criminal complaint over shares

The widow and elder daughter of late South Korean conglomerate chairman Koo Bon-moo have filed a criminal complaint with the Seoul Central District Prosecutors' Office against LG's current chairman, Koo Kwang-mo, and his biological father, The New York Times ... Read More

Spirit Airlines shuts down after bailout fails

US budget carrier Spirit Airlines ceased operations on Saturday after two bankruptcies and a failed White House rescue plan, The Washington Post reports. The airline grounded what remained of its fleet and closed its call centres, leaving roughly 17 000 ... Read More

HSBC takes $1.3bn hit from fraud, war, loans

HSBC reported a $1.3bn hit to profits linked to soured loans, the fallout from the US-Israel war on Iran and fraud in the private credit sector, The Guardian reports. The London-headquartered bank said profits fell 4% in the first ... Read More

Case Law Briefs


Blue Label v St Clair (Liquidation)

SCA Blue Label Distribution (Pty) Ltd v St Clair Cooper N O and Others Judgment: 29 April 2026 Keywords: Liquidation – Payments made after provisional liquidation – Whether liquidators entitled to rely on s 341(2) where amounts allegedly repaid ... Read More

Nedbank v Montana Nurseries (Reckless credit)

Mpumalanga High Court (Mbombela)Nedbank Limited v Montana Nurseries (Pty) Ltd and OthersJudgment: 5 May 2026Keywords: Summary judgment – bona fide defence – National Credit Act 34 of 2005 – overdraft facility – suretyship – reckless credit grantingSummary: Nedbank granted Montana Nurseries (Pty ... Read More

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