Oakbay Investments and Gupta family patriarch Ajay Gupta have expressed “delight” with the affidavit filed by finance minister Pravin Gordhan and said the court case will provide an opportunity for the family to clear its name. In a statement issued by Gupta family
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A group of senior South African business leaders publicly expressed support for finance minister Pravin Gordhan as he faces fraud charges. “South Africa’s democratic transformation cannot afford to have a man of Gordhan’s
President Jacob Zuma appears increasingly vulnerable in a power struggle with his finance chief after a series of new allegations emerged about the business dealings of members of a wealthy family who are his friends and in business
The Economic Freedom Fighters is on Sunday set to open a criminal case against the Gupta family and their company directors after “suspicious” transactions were revealed in a court application by finance minister Pravin
Finance minister Pravin Gordhan filed court papers that implicate President Jacob Zuma’s friends, the Gupta family, and companies they control in “suspicious transactions” totaling R6,8bn, signalling
Finance minister Pravin Gordhan described fraud charges against him as frivolous and unfounded and said he has no intention of relinquishing his post unless President Jacob Zuma fires him. His lawyers will
The release of a report by South Africa’s graft ombudsman into the alleged influence of President Jacob Zuma’s friends, the Gupta family, in government affairs has become bogged down in the courts, with legal actions lodged to
The showdown between President Jacob Zuma and finance minister Pravin Gordhan over control of the nation’s finances appears to be reaching its endgame, after prosecutors summoned the minister to appear in court next month
Divisions within the ANC are deepening and a potential downgrade of South Africa’s debt rating to junk isn’t fully priced in by markets, according to Goldman Sachs Group. The rand slumped as much as 4,3% against the dollar on
Finance minister Pravin Gordhan was summoned to appear in court on fraud charges next month, the latest twist in a struggle with President Jacob Zuma that could cause South Africa’s credit rating to be downgraded to