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
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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
President Jacob Zuma has applied for an interdict on the publication of a report by the nation’s graft ombudsman on the alleged influence of the Gupta family in government affairs, public protector Thuli Madonsela said. “He has applied
The South African Social Security Agency’s irregular expenditure over the last financial year skyrocketed by over a thousand percent, from R93m in 2014/2015 to over R1bn in 2015/2016. The bulk of the R1,1bn
The showdown between President Jacob Zuma and finance minister Pravin Gordhan over control of the nation’s finances appears to be reaching its endgame, after prosecutors summoned the minister to appear in court next month
Technology group Pinnacle Holdings has made an offer to buy out minority shareholders in Datacentrix and, if successful, plans to delist the IT services company from the JSE. Pinnacle told shareholders in a notice published on the JSE’s
Altron’s share price leapt higher on Friday on news that the long-troubled JSE-listed technology and industrial group is set to report a swing to profitability in the six months to end-August 2016. Headline earnings per share for total
The Democratic Alliance has filed papers in the Western Cape high court to have former SABC chief operating officer Hlaudi Motsoeneng’s appointment as group executive of corporate affairs declared invalid. In its application, the
The remaining members of the SABC board will not win the fight to cling to their positions, an ANC MP has said. This after the board members were sent letters by parliament’s communications committee asking them to resign and