Former finance minister Pravin Gordhan has directly implicated Jacob Zuma in being part of an orchestrated campaign to loot billions of rand in taxpayer funds during his almost nine-year tenure as president.
South Africa’s recovery from corruption at its state-owned companies requires thorough reform and punishing those responsible, according to public enterprises minister Pravin Gordhan.
Scepticism is mounting that the alleged masterminds of South Africa’s biggest-ever embezzlement of state funds will ever be held to account.
For the past eight years, South Africa was heading down the road to being run as a criminal enterprise.
Eskom published a JSE stock exchange announcement earlier this week warning its bondholders that there may be more bad news relating to irregularities when it releases its financial results for the year ended
Eskom and its labour unions have agreed to hold new negotiations over pay, the government said, ending protests at power plants that have caused disruptions to power supply. Public enterprises minister Pravin Gordhan
After a decade of unprecedented growth in staff numbers, cash-strapped power utility Eskom is finally tackling the controversial issue of its headcount. State-owned Eskom, seen by Goldman Sachs Group as the biggest single
Extensive changes are in the offing at South Africa’s troubled state-owned companies as new public enterprises minister Pravin Gordhan moves to tackle their many management and financial failings. Power utility Eskom and
Much dust has been kicked up over MultiChoice’s channel agreements with the SABC and the Guptas’ ANN7 television news channel. The claim is that these parties colluded in a form of state capture and corruption to their mutual
Former cabinet ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as his successor prepares to revive the stagnant economy. The ANC top-six officials, including