KPMG has terminated its business relationship with the Gupta business empire due to the political storm surrounding the family’s friendship with President Jacob Zuma. KPMG was the auditor for all Gupta-owned and -controlled businesses
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If President Jacob Zuma didn’t already have enough on his plate after Thursday’s constitutional court judgment, he has announced he is splitting the department of telecommunications
President Jacob Zuma visited the United Arab Emirates to drop off R6bn belonging to the Guptas, Economic Freedom Fighters leader Julius Malema claimed on Thursday. “Zuma was in [the] UAE recently, in Dubai. That was not an official visit, it
The constitutional court has found that President Jacob Zuma acted inconsistently with the constitution when he failed to comply with the public protector’s remedial action on the
Communications regulator Icasa has conducted spot inspections of the retail outlets of South Africa’s mobile network operators and found that two-thirds of them don’t comply with regulations. According to Icasa, the inspections were conducted in
It’s official. The Johannesburg Stock Exchange is no longer the only game in town. ZAR X announced on Wednesday that the Financial Services Board has granted it a stock exchange licence that enables the company to operate as such, providing a
The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech
PC shipments in Africa and the Middle East fell by 28,7% year on year in the fourth quarter of 2015, the steepest ever recorded in the region for a single quarter, technology research and consulting firm International Data Corp said on Tuesday
The constitutional court will hand down judgment in Nkandla matter on Thursday this week. In a letter by the senior registrar’s clerk of the constitutional court, it informs parties
Mark Pamensky was appointed to the Eskom board three months after joining the board of Gupta-owned Oakbay Resources and Energy, Eskom revealed on Tuesday. The Eskom website describes Pamensky as group operations officer of Blue Label Telecoms