A senior British lawmaker called on the authorities to investigate an unidentified UK bank for “possible criminal complicity” after allegedly overruling internal concerns about suspicious transactions related to South Africa’s Gupta family
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Post Office CEO Mark Barnes has pulled a trump card in the state-owned enterprise’s fight for a contract with the South African Social Security Agency to distribute social grants. Negotiations between Sassa and the Post Office have
South Africa needs to do what other nations do during times of economic weakness and come up with a recovery plan that grabs the imagination of investors and its people, deputy President Cyril Ramaphosa said in
Corruption allegations surrounding South Africa’s politically connected Guptas ensnared one of Germany’s biggest companies as SAP joined international businesses ranging from KPMG to McKinsey & Co in reporting links with
South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk of further credit ratings downgrades as a fight for control of the ruling party limits policy choices. The nation’s
Finance minister Malusi Gigaba faces a gaping budget hole — and will have to consider cutting spending, raising taxes and selling state assets if he wants to avoid further ratings downgrades. The economy he oversees is hampered by
What a week! In this episode of TalkCentral, Duncan McLeod and Regardt van der Berg wrap up the big news around the “master deeds” data leak – how it happened and what it means. Also this week
Deputy President Cyril Ramaphosa said mounting allegations that the state has been “captured” by private business interests is damaging the nation’s international reputation, as rumours swirled that he’s
South Africa is unlikely to adopt policies needed to drive growth, investment and job creation for at least several years because of infighting in the governing ANC, according to one of the country’s leading research institutions. The party
Bank of Baroda is being investigated by South Africa’s central bank over money held for companies controlled by the politically connected Gupta family, according to a person familiar with the matter. The South African Reserve Bank’s probe