President Jacob Zuma appears increasingly vulnerable in a power struggle with his finance chief after a series of new allegations emerged about the business dealings of members of a wealthy family who are his friends and in business
Author: Agency Staff
The Economic Freedom Fighters is on Sunday set to open a criminal case against the Gupta family and their company directors after “suspicious” transactions were revealed in a court application by finance minister Pravin
President Jacob Zuma on Sunday said he had received and accepted the resignation of two members of the SABC board. At the start of the month, board members Krish Naidoo and Vusi Mavuso announced
Finance minister Pravin Gordhan filed court papers that implicate President Jacob Zuma’s friends, the Gupta family, and companies they control in “suspicious transactions” totaling R6,8bn, signalling
Cinven, Permira and Mid Europa Partners agreed to buy Naspers’s Polish online auction site Allegro for almost US$3,3bn (R46,4bn), taking on rivals such as eBay in the Eastern European country
The financial burden of Samsung Electronics’ Galaxy Note7 crisis is becoming clearer, as Korea’s largest company tallies the cost of recalling and terminating production of the fire-prone smartphone. The Suwon-based
Finance minister Pravin Gordhan described fraud charges against him as frivolous and unfounded and said he has no intention of relinquishing his post unless President Jacob Zuma fires him. His lawyers will
Government has no intention of running a mobile network in the country, says telecommunications minister Siyabonga Cwele. Last month, cabinet approved South Africa’s new national ICT policy which seeks
The release of a report by South Africa’s graft ombudsman into the alleged influence of President Jacob Zuma’s friends, the Gupta family, in government affairs has become bogged down in the courts, with legal actions lodged to
Seventeen years ago, an Indian man from New Delhi mesmerised the technology departments of global corporations with a doomsday story many times more puffed up than the luxuriant crop of hair he sported. The latter was a wig, and the former