German enterprise software giant SAP admitted on Thursday that it had made payments to Gupta-linked companies and uncovered irregularities in the “management of third parties” and adherence to its compliance
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SAP has agreed to buy Callidus Software for about US$2.4bn to bolster a cloud-based business that grew strongly in the fourth quarter. SAP said it generated sales of €6.8bn in the period, in line with analysts’ expectations, on
South African prosecutors have moved to freeze the assets of suspected allies of the politically connected Gupta family more than a year after the nation’s top graft ombudsman outlined the depth of state looting in the country
Transnet has distanced itself from third-party payments made by software giant SAP to win contracts with South Africa’s state-owned ports and rail operator, saying they are an issue for the German company and its business partners
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
German software giant SAP has reported alleged misconduct in its South African operation to US authorities responsible for enforcing the US Foreign Corrupt Practices Act and initiated disciplinary procedures against three of four
German enterprise software giant SAP has undertaken to publish the outcome of an external probe into alleged wrongdoing at its South African unit during the last week of October 2017. In a statement late on Friday, SAP said the
A team of experts from international law firm Baker McKenzie is still busy with its investigation into a “kickbacks” scandal at the South African subsidiary of German software giant SAP, the company
Johannesburg finance MMC Rabelani Dagada has promised that the city’s notoriously problematic billing system will be fixed by March 2018. In a wide-ranging podcast interview with TechCentral on Tuesday
German software company Software AG has started an “internal review” following the publication of an article on Tuesday that said it appeared it had entered into a “kickback agreement” with Gupta-controlled Global