Lawyers representing President Jacob Zuma urged the high court to halt the release of a report of the nation’s graft ombudsman into allegations that the Gupta family, who are friends with the president, exercised undue influence
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Cell C has withdrawn a planned bond placement to help it reduce its high levels of debt, but the company remains confident it will raise sufficient funds through a planned restructuring to reduce its maximum
US intelligence whistleblower Edward Snowden believes that citizens need to push institutions for a right to encryption when communicating. Snowden was speaking via live stream to an audience at a briefing on privacy rights
The Venter family-controlled Altron group has made further progress in disposing of non-core assets, announcing on Tuesday the planned sale by subsidiary Powertech Industries of Powertech Battery Group to Trinitas Fund for R300m in cash
Telecommunications group MTN has a new chief financial officer. Ralph Mupita, the CEO of Old Mutual emerging markets, will take over as MTN’s CFO on 3 April 2017. Mupita’s appointment adds to a growing list of top executives
The rand rallied to below R13,60/US$ during National Prosecuting Authority (NPA) boss Shaun Abrahams’ lengthy speech ahead of his announcement that charges have been dropped against finance minister Pravin Gordhan and
South African prosecutors withdrew fraud charges against finance minister Pravin Gordhan, saying he didn’t intend to act unlawfully. The announcement on Monday by National Prosecuting Authority head Shaun Abrahams marked
Cooperative governance & traditional affairs minister Des van Rooyen is again seeking to block the release of the state capture report. Ten days after withdrawing his urgent application to interdict
The SABC has followed free-to-air rival e.tv in asking communications regulator Icasa to allow it to stop broadcasting a news bulletin in prime time, the Democratic Alliance said on Monday. The move follows
South Africa’s largest banks have successfully swapped an asset via a blockchain network, set up among themselves. The banks – Absa, Investec, Nedbank, Rand Merchant Bank/First National Bank and Standard Bank