Browsing: Atul Gupta

News
Molefe denies being captured by the Guptas

Eskom CEO Brian Molefe said the only thing he has been captured by is South Africa’s constitution. He was responding to parliamentarians on Wednesday, who were questioning Eskom’s relationship with Gupta-owned coal mining company Tegeta

News
ANN7 workers fear not being paid

There was fear and uncertainty among staff at Gupta-owned broadcaster ANN7 after they were told that they might not be getting their salaries. An employee at ANN7, who asked not named, said that staff were frightened and had been job hunting without any luck

In-depth
Why did the Guptas head for the exit?

So, the Gupta brothers have called South Africa quits. Although it is not really surprising, as virtually everyone but the president and his family have taken a hostile stance against the family, the swiftness of their departure has raised a few eyebrows

News
Guptas can still run SA firms from Dubai

As the owners of Oakbay Investments, with an 80% shareholding in Oakbay Resources and Energy [JSE:ORL], the Guptas could still run their companies from Dubai, an investment risk analyst said on Sunday. “In a nutshell, yes they can – shareholders

News
Now FNB dumps Guptas

First National Bank has closed the accounts of Gupta family-controlled Oakbay Investments, prompting Oakbay to demand an explanation from FNB CEO Jacques Celliers. FNB’s decision

In-depth
High drama as Zuma, Gordhan square off

South Africa’s political landscape is shifting almost by the hour. The gloves are off in a power struggle that pits President Jacob Zuma against a group of reformers, led by finance minister Pravin Gordhan. It is a high-stakes drama that has profound, long-term

News
Guptas seek national TV licence

The Gupta-controlled Infinity Media Networks, which owns the 24-hour news channel ANN7 – broadcast on MultiChoice’s DStv pay-television platform – has applied to communications regulator

In-depth
SA Newsmakers of 2013

Here they are, TechCentral’s South African Newsmakers of 2013. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year, for good reasons and bad

News
Controversy erupts over Gupta TV

A former ANN7 editor has claimed assurances were given to president Jacob Zuma that the news channel would be pro-ANC, the City Press reported. “There was a lot of interference on an editorial level by Mr Atul Gupta,” former ANN7 editor Rajesh Sundaram told the newspaper