Browsing: Sasfin

News
Cell C names new CFO

Tyrone Soondarjee is set to replace Robert Pasley as chief financial officer of mobile operator Cell C. Soondarjee, who will take over the company’s finance portfolio on 1 July, joins Cell C at a crucial

News
Banks’ Gupta decision could deter investors: gov’t

Cabinet was concerned that the decision by the country’s big four banks to cut ties with the Gupta-owned Oakbay Investments would deter investors, planning minister Jeff Radebe said on Friday. “While cabinet appreciates the terms and conditions of

News
Gupta workers march on SA banks

Employees of Gupta-owned Oakbay Investments marched to major banks on Tuesday to demand that the company’s accounts be reopened. Armed with placards with phrases such as

News
Save our jobs, Oakbay employees beg banks

About 7 500 employees at Oakbay Investments will lose their jobs at the end of May if the Gupta-owned company’s bank accounts remain closed, staff at the company wrote in an open letter

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
Letter sets out why Guptas quit

Gupta-owned company Oakbay Investments made contact with President Jacob Zuma and cabinet ministers to express its “deep disappointment” at banks closing its accounts, it was revealed in a leaked letter to staff on