In The News South Africa

Steinhoff board and management don’t know how accounting scandal happened

PARLIAMENT, January 31 – Steinhoff board and management members were on Wednesday unable to answer questions from MPs on exactly what led to the accounting scandal which saw the international company’s share price drop by more than eighty percent.   “Until we have those reports, not only from statutory auditors, but from the forensic investigations, […]

In The News

31 Joburg officials caught with hands in the cookie jar in R2.7million kickbacks scandal

JOHANNESBURG, January 31  – Joburg Mayor Herman Mashaba said on Wednesday that he had caught out 31 officials who allegedly received about R2.7 million in kickbacks from a single service provider registered on the City’s and Municipal Owned Entities (MOEs) database. Mashaba said that the service provider, who is based in Mondeor south of Johannesburg, received business […]

In The News South Africa

Gauteng launches probe into housing backlog

JOHANNESBURG, January 31 – The Gauteng Provincial Legislature’s (GPL) Portfolio Committee on Cooperative Governance (COGTA) and Human Settlements will on Thursday launch an inquiry into the housing backlog in the province. In a statement on Wednesday, the GPL said the 1st inquiry hearing will be on Tuesday, 6 February 2018, in Soshanguve, Tshwane. “The inquiry will address challenges in […]