Browsing: Oakbay

The Communication Workers Union on Thursday said it wanted business owners to take over Gupta-owned news channel, ANN7. “Let it be a South African-owned company. So we will be engaging with various business people to ensure that we save jobs at ANN7,” union

The Guptas and Duduzane Zuma resigned from Oakbay Investments and Oakbay Resources and Energy on Friday to facilitate the sale of the Optimum coal mine from Glencore to Oakbay, the Democratic Alliance claimed. Their resignation “is an insult

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

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

Oakbay Investments hit back at financial institutions that have cut ties with the company over its alleged links to the Gupta family and President Jacob Zuma on Friday. Oakbay Investments CEO Nazeem Howa told CNN that banks Barclays Africa

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