Key details emerge as Phala Phala probe gains steam
President Cyril Ramaphosa is under renewed pressure to come clean on the 2020 Phala Phala farm robbery as opposition political parties turn up the heat, a parliamentary panel headed by former justices of the Constitutional Court to look at the ...
Damning Standard Bank ruling sent to ombud, LPC
In a home repossession case before the KZN High Court, Standard Bank was at the receiving end of a damning judgment handed down on 4 August, when it was found to have made false allegations against a couple who stood ...
Magashule loses ConCourt bid to overturn suspension
The Constitutional Court has dismissed Ace Magashule's application to appeal his suspension as the ANC's secretary-general, reports TimesLIVE. In a short judgment, the apex court said Magashule had no prospects of successfully appealing his suspension. This is yet ...
FSCA sanctions trustees over ‘improper’ practices
The Financial Sector Conduct Authority (FSCA) has imposed administrative penalties on several members of the board of trustees of Private Security Sector Provident Fund (PSSPF) for a string of suspect actions ranging from improper procurement practices to remunerating themselves for ...
Advocate tells of Mkhwebane’s ‘bizarre’ request
Department quiet on damning Tembisa audit findings
Nova Group ordered to stop selling properties
Assets of ex-Transnet executives frozen
Presidency will decide on Zondo challenges
SA unlikely to dodge financial greylisting – experts
Sasol studying Bain contracts ban
Acting DPP challenges corruption charges
SABC tries to recoup R20m from Gupta-linked company
Insurance sector spat over July riots claims
R250m damages claim over London exchange listing
GEPF concerned about temporary liquidity crisis
Lottery boss to face another disciplinary hearing
Gqeberha businesswoman paid R1m, auditor tells fraud trial
Women carry far greater tax liability
Perlemoen kingpin determined not to lose assets
Public Protector will not oppose SARS court challenges
Bushiri allegedly used SA companies to siphon money
Businessman conned in R22m loan agreement
Water boards probed over alleged graft
Teffo embroiled in payment spat
Politically connected PPE looter dies
Tongaat Hulett seeks millions from former executives
SAPS' R1.5bn spend flagged
Massive spending of more than R1.5bn on accommodation, entertainment and catering by the SAPS has called into question the application of spending policies for government departments, reports Policy Watch. Police Minister Bheki Cele, replying to a parliamentary question, said ...
Other states must follow UK's Bain sanction
Like the US and European governments, the UK has moved at a snail-like pace to confront global corporate complicity over SA’s state capture decade, writes Lord Peter Hain in a Business Day analysis. Hain, a former British anti-apartheid leader and ...
Rest of Africa
Malawi accuses US company of owing billions in taxes
US company Columbia Gem House has denied accusations from Malawi that it owes more than $300bn in unpaid taxes on minerals extracted in the country, reports Fin24. In a letter dated 26 July, Malawi's Attorney-General Thabo Nyirenda accused the ...
Lotto agent arrested for allegedly siphoning R1.3m
A Ghanaian Lotto agent who allegedly forged lotto booklets to siphon around R1.3m belonging to Rand Lotto Company has appeared before an Accra Circuit Court, reports IoL. Emmanuel Mbir pleaded not guilty to a charge of stealing. The prosecution ...
PWC fined £1.75m by audit watchdog
PricewaterhouseCoopers was fined by the UK’s audit watchdog over failings in a 2017 audit of BT Group, which was hit by a huge fraud at its Italian unit, reports TimesLIVE. The Financial Reporting Council also handed partner Richard Hughes a ...
‘Crypto-mixer’ sanctioned for money laundering
The US has placed sanctions on Tornado Cash, a leading ‘crypto mixer’ for transactions in virtual currency that officials describe as a hub for laundering stolen funds, including by North Korean hackers, reports Fin24. The Treasury said Tornado Cash had ...