Focus
RAF fights back against accounting change ruling
The Road Accident Fund (RAF) is determined to challenge the ruling in its accounting standard case, despite the scathing judgment that it had 'no ground to stand on, and none of its arguments withstood scrutiny', notes Legalbrief. According to a Fin24 ...
Read More
South Africa
FSCA warns about account closure fairness
Financial Sector Conduct Authority (FSCA) commissioner Unathi Kamlana has urged banks to reflect on whether the prevailing common law position relating to closure of customers’ accounts is fair to clients, reports BusinessLIVE. Kamlana told the Banking Association SA’s Banking on ...
Read More
Judge awards Transnet tender to failed bidder
Transnet's decision to award a tender for the supply of critical port equipment to a company whose directors are on trial for fraud was overturned by the Gauteng High Court (Pretoria) last week. In late 2022, Transnet awarded Aqua ...
Read More
NPA denies Mapisa-Nqakula witness case delay claim
The NPA has denied being responsible for the delays that saw a R100m tender fraud case against its potential star witness in former National Assembly speaker Nosiviwe Mapisa-Nqakula's R2.5m corruption trial being struck from the roll, reports News24 ...
Read More
Reserve Bank seizes assets of Jooste’s former girlfriend
4 000 employers still ignoring pension fund payments
Lottery secretary lashed over ‘urgency’ application
SARS fraud mastermind given hefty jail sentence
Another retired General linked to alleged R2m tender fraud
Lawyers warned about greylist non-compliance
Solidarity uneasy over two-pot 'haste'
Thuja boss loses case against another Minister
Municipality seeks to review R295m Rooiwal findings
Nzimande to take action against bogus university
Watchdog investigates Banxso over deepfake ads
Ex-NPA employee fails in Fort Hare bail bid
Court interpreter charged for alleged bribery
FSCA approves 75 crypto asset licences
Tariomax liquidators raid Liebenberg properties
KPMG bursary fraud accused given bail
Controversial Tembisa Hospital CEO dies
Provicial Health Departments record 47 graft cases
Batohi on lessons learnt and moving forward
BHI Trust manager expected to negotiate plea deal
Copper 360 flags possible market manipulation
Regulator unable to explain CEO's status
Sekunjalo elated after Sactwu case win
Analysis
NPA throws corruption accused firms a lifeline
Companies implicated in corrupt activities in SA will now have the option to settle matters with law enforcement agencies via alternative dispute resolution mechanisms without facing criminal charges, in a first for the country, writes Kabelo Khumalo in Business Day ...
Read More
Rest of Africa
Rwanda seeks to change mineral tax law
Rwanda is seeking to amend its mineral tax law with a view to promote value addition for higher revenues and discourage the exportation of the valuable natural substances in raw form, according to a Bill before Parliament. The New Times ...
Read More
US accuses ex-Malawian officials of 'significant corruption'
Four former senior Malawi officials have been banned from entering the US over corruption allegations. They include former Police Chief George Kainja, former Solicitor-General Reyneck Matemba, former Director of Public Procurement John Suzi-Banda and former police service attorney Mwabi Kaluba ...
Read More
Zambian football boss arrested for alleged graft
The president of the Football Association of Zambia (Faz) has been arrested and charged with money laundering offences, reports BBC News. The country's Drug Enforcement Commission (DEC) alleges that Andrew Kamanga obtained government funds under false pretences and was ...
Read More
World
US watchdog sues to block fashion giant's takeover
The US competition watchdog has sued to block fashion accessory giant Tapestry's $8.5bn takeover of rival Capri, reports BBC News. Tapestry owns handbag makers including Coach and Kate Spade, while Capri's brands include Michael Kors. The US ...
Read More
Russian Minister accused of taking bribes
A Russian Deputy Defence Minister has been accused of taking bribes and remanded in custody by a court in Moscow, reports BBC News. Timur Ivanov, who denies the charges, is accused of accepting bribes ‘on a particularly large scale’. Appointed ...
Read More
US prosecutors want Binance founder jailed for 36 months
Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money-laundering, US prosecutors said in a court filing on Tuesday. TimesLIVE reports that Zhao, who ...
Read More
Trump’s hush-money trial a 'high-intensity spectacle'
Briefs
Clearing agent and former customs official jailed
* The Musina Regional Court has sentenced a former clearing agent and a former SARS customs officer at the Beitbridge border post to 15 years’ imprisonment each after finding them guilty of fraud, forgery and corruption. NPA spokesperson Mashudu Malabi-Dzhangi said ...
Read More
Health spokesman charged for alleged false matric certificate
* Eastern Cape Health Department spokesperson Sizwe Kupelo was arrested by the Hawks yesterday for allegedly submitting a falsely certified copy of his matric certificate to secure his appointment as deputy director of communications. Kupelo was granted R30 000 bail and ...
Read More
Late mayor's fraud case to be scrapped
* The NPA is planning on scrapping former City of Tshwane Mayor Murunwa Makwarela’s fraud case once it receives his death certificate. This was confirmed by NPA spokesperson Lumka Mahanjana. An EWN report notes that Makwarela died in hospital this week ...
Read More
Ledwaba's bank account frozen
Myeni graft case delayed again
Old Mutual licence approved
Case Law Briefs
Ramdas v Discovery Connect Distribution Services (Debarment requirements)
Financial Services Tribunal: Ramdas v Discovery Connect Distribution Services Judgment: 22 April 2024 Keywords: Application for reconsideration of debarment – FAIS Act, s 14(1)(a) – fit and proper requirements – honesty and integrity Summary: The applicant, a telesales representative of the respondent ...
Read More
Botes v Tariomix (Liquidation)
North West High Court (Mahikeng):
Ruan Botes and 12 Others v Tariomix (Pty) Ltd and six Others
Judgment: 12 April 2024
Keywords: Nature of liquidation order – rule nisi – withdrawal of application after granting of provisional order
Summary: After ...
Read More
Nathane v Khaotso (Loan agreement)
Free State High Court (Bloemfontein):
Nathane v Khaotso
Judgment: 4 April 2024
Keywords: Loan agreement contravening NCA – ex turpi causa non oritur actio – par delictum rule
Summary: The plaintiff and defendant concluded a loan agreement, the plaintiff lending ...
Read More
BOOK REVIEW
PRINCIPLES AND PRACTICES OF FORENSIC PSYCHOLOGY & OTHER RELATED PROFESSIONS
PRINCIPLES AND PRACTICES OF FORENSIC PSYCHOLOGY & OTHER RELATED PROFESSIONS
By Stefanie Badenhorst
Publisher: Juta
Principles and Practices of Forensic Psychology & Other Related Professions delves into the intersection of psychology, law and mental health professions in SA ...
Read More