Browsing: SizweNtsalubaGobodo

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Auditors raise flags over ex-Eskom CEOs

Eskom said on Monday that auditors have raised concerns about issues relating to Matshela Koko and Brian Molefe, who both ran South Africa’s state-run power utility this year, in their year-end review. The company’s external auditors

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Guptas vow to clear the family name

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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Gupta firm saved from JSE axe

Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end

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Radebe opens Gupta can of worms

Jeff Radebe, minister for planning, monitoring & evaluation, opened a can of worms on Thursday when he said three cabinet ministers held meetings with South Africa’s four big banks to get reasons why they decided to close the bank account of the

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Guptas find new auditors

Oakbay Resources and Energy has announced the appointment of new auditors after KPMG cut ties with the Gupta-owned company this year. It has appointed SizweNtsalubaGobodo – which also audits state-owned entities