11th October 2016
South African prosecutors on Tuesday ordered Finance Minister Pravin Gordhan to appear in court on Nov. 2 over allegations he broke public finance rules by granting a colleague early retirement, news that sent the rand and share prices reeling. The currency dropped as much as 3.4 percent against the dollar… Read More
7th October 2016
The Constitutional Court has refused for now to hear the National Prosecuting Authority’s (NPA) appeal on the North Gauteng High Court judgment which reinstated fraud and corruption charges against President Jacob Zuma, the DA said in a media release on Friday. “This highlights, yet again, the deliberate attempts by the… Read More
6th October 2016
Cartel behaviour in the private sector and corruption within the public sector are “corrosive of public trust, they unfairly distribute economic resources and they undermine legitimate enterprise”, Minister of Economic Development Ebrahim Patel said on Thursday. Patel was speaking at the Competition Commission’s annual competition law, economics and policy conference… Read More
30th September 2016
With corruption seeping into government institutions, law enforcement agencies and the courts, Judge President of the Gauteng High Court in Pretoria, Dunstan Mlambo said close collaboration in rooting it out was more crucial than ever. Speaking at the Africa Uniting Against Crime(APA) anti-corruption training session at the National Prosecuting Authority’s… Read More
28th September 2016
FINANCE Minister Pravin Gordhan says Financial Intelligence Centre Act amendments are critically important in strengthening the financial system and ensuring it is of world standard to fight money laundering and terror financing. Parliament adopted the legislation unanimously. In his foreword to the 2015-16 Financial Intelligence Centre (FIC) annual report tabled… Read More
23rd September 2016
Bribery has increased in Africa, and South Africa has been named as a corruption hotspot in the 2016 anti-bribery and corruption survey. According to the survey, conducted by law firm ENSafrica, this was denting the country’s global image as an investment destination. The Democratic Republic of Congo, Ghana, Kenya, Mauritius,… Read More
22nd September 2016
Cape Town – In the 12 years since the inception of government’s anti-corruption hotline, a total of 3 570 civil servants have been charged with graft, the governance and administration cluster said on Thursday. The proceedings saw the dismissal of 1 694 officials. A further 438 were fined in the… Read More
12th September 2016
Jonas Makwakwa is reportedly facing investigation for 'suspicious' and 'unusual' cash payments. Read More
9th September 2016
The gloves came off yesterday when Tshwane mayor Solly Msimanga walked into the police station to lay criminal charges against three senior ANC council administrators. Read More
8th September 2016
Regulating the banking sector in South Africa is a “difficult balancing act”, said Finance Minister Pravin Gordan in parliament on Wednesday. He was responding to questions from MPs posed to ministers in the economic cluster of government. “On the one hand we need to ensure there’s stability in the banking… Read More