Clouds over Ramaphosa’s ‘new dawn’
It’s been a rocky road from Nasrec where President Cyril Ramaphosa narrowly won the 2017 ANC conference to Loftus Versveld where he will be inaugurated on Saturday. And Legalbrief reports that events over the next few days will play a ...
Zuma's 'Stalingrad' strategy sharply in focus
The reason for the decision to prosecute former President Jacob Zuma on charges of racketeering, money laundering, fraud and corruption does not matter, even if it was politically motivated. This is one of the arguments set to be put to ...
Gauging the extent of the Steinhoff implosion
For pundits, Steinhoff’s 2017 financial statements were always going to be a precedent-setting treat, stretching the boundaries of what is possible. The company last week finally revealed its audited financials for the year to September 2017 — the very set ...
More changes mooted for auditors’ code of conduct
An exposure draft proposing amendments to a section of the international code of ethics for professional accountants dealing with ‘assurance engagements’ has been released for comment, notes Legalbrief. Once finalised, the changes mooted will be incorporated into the Independent Regulatory ...
Nedbank advised to sue Transnet
Municipal union's finances laid bare
Creditors target Levick’s jewellery
Liquidator Motala loses bid to overturn Master's ruling
Experienced corruption-buster to head 'new Scorpions'
How obscure businessman targeted PIC
Agrizzi tells how he was groomed for corruption
Catch in Independent Media buyout deal revealed
Testing the digital banking waters
Judgment sparks call for axing of Mkhwebane
Back to the beginning for new corruption-buster
CCMA subpoenas Mandela funeral role-players
Economy: Mboweni overlooked culture of non-payment
Finance Minister Tito Mboweni may well be ‘poised’ to retain his position in Cabinet for ‘at least another year’ (Engineering News) – but South Africans concerned about the state of the economy and Eskom (among other things) probably need just ...
Knives out for 'incompetent, negligent' PP
When the Public Protector fails to discharge her mandate and duties, the strength of SA's constitutional democracy is inevitably compromised and the public is left without the assistance of their constitutionally created guardian. It means that a vital constitutional ...
Unclear accounting authority to blame for rot
While commissions of inquiry into corruption and wrong-doing in state departments have taken centre stage in recent times, government was still streets ahead of the corporate sector in holding leaders to account. 'What lies at the heart of the rot ...
How investment firm’s Ramaphosa gamble paid off
As if Goldman Sachs’ very public pre-election support for the ANC was not enough, the firm hosted an investment conference last week that was headlined by President Cyril Ramaphosa and attended by Public Enterprises Minister Pravin Gordhan, investors and SA ...
Rest of Africa
MTN pays bulk of massive Nigeria fine
MTN has paid more than three-quarters of a record $1.5bn dollar fine levelled by Nigeria for failing to disconnect unregistered subscribers, the government has confirmed. The company was initially fined $3.9bn in October 2015, after failing to disconnect ...
Reserve Bank faces R1.9bn lawsuit
The cash-strapped Zimbabwean economy looks set for a further battering following a staggering R1.9bn lawsuit against the ‘corrupt’ Reserve Bank of Zimbabwe (RBZ) filed by the country’s biggest gold producer. Mzi Khumalo, chairperson of miner Metallon Corporation, confirmed to ...
Harare to roll out second phase of land audit
The Zimbabwe Government is preparing to start rolling out the second phase of the national agricultural land audit aimed at guaging farm ownership and property sizes. At the same time, farmers are expected to start using the revised 99-year lease ...
Maputo labels extradition as 'free and sovereign decision'
South Sudan fires ghost diplomats
Judge slams former Kenya President for land grab
Trump ordered to make financial records accessible
Judge Amit Mehta, of the US District Court for the District of Columbia, ruled this week that the House Oversight Committee’s 22 April subpoena of Mazars, the company that manages President Donald Trump’s private finances and holds his financial records ...
Impact investors sign global operating pledge
Organisations managing more than $350bn in assets have signed up to the new operating principles for impact management, drawn up by World Bank subsidiary, the International Finance Corporation (IFC). According to an analysis piece on the Out-Law.com site, this ...
Pension rule changes cannot fix earlier mistakes – ruling
Pension trustees in the UK have not been allowed to justify pensions increases with rule changes that happened two years later. According to a report on the Out-Law.com site, the Court of Appeal in the UK has ruled that ...
Russia denies strong-arm tactics over nuke deal
Trump pardons Lord Conrad Black
Court's warning to dishonest claimants and lawyers
Zuma backs fraud-accused mayor
* Former President Jacob Zuma has shown his support for eThekwini Mayor Zandile Gumede, and questions the motive behind the corruption charges. Zuma who is also facing corruption related charges in the KZN High Court, has asked Gumede to be strong ...
* More than R1m was siphoned from a struggling municipality in the Eastern Cape – and part of the money was then used to renovate the home of ANC provincial chair and premier-designate Oscar Mabuyane. About R45 000 of the money ...
PEC overturns PWC ruling
* The Western Cape ANC's provincial executive committee (PEC) has overturned its provincial working committee's (PWC) decision to suspend treasurer Maurencia Gillion over a controversial election donation from businessman Iqbal Survé. ‘She remains in her position. We have agreed ...
Ponzi case in court
CCTV scam flagged
Author challenges Magashule
City paid manager's legal fees
Same addresses plundering
Premier addresses loan