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
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Business Leadership South Africa (BLSA) has suspended the membership of both Eskom and Transnet with immediate effect, citing the state-owned enterprises’ connection with “extensive allegations of corrupt behaviour over
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
There is reason to be sceptical about the department of telecommunications & postal services’ revised South African Connect roll-out plan to connect 90% of the population to the Internet by 2020
South Africa’s debt-laden state-owned companies may represent the single biggest risk to the country’s economy, according to Nedbank CEO Mike Brown. The assets, which include power utility Eskom
Following the “precautionary” suspension last week for SAP Africa’s top four executives over allegations that the German company’s South African office paid kickbacks to a Gupta-owned firm to secure business
The Democratic Alliance said on Monday that it plans to lay charges of money laundering and corruption against SAP South Africa and the Gupta-owned CAD House following allegations that the German
German software giant SAP is “investigating various possible actions” after a report on Tuesday said that it had become embroiled in a corruption scandal involving a Gupta front company. According to the report published by the Daily
Liquid Telecom, the fast-growing pan-African telecommunications operator controlled by Zimbabwean billionaire Strive Masiyiwa, will spend billions of rand expanding newly acquired subsidiary Neotel’s data centres, wireless networks and fixed-line