In The News South Africa

Oakbay Investments welcomes ruling on FIC report, aims to prove innocence

JOHANNESBURG – Oakbay Investments welcomed the High Court’s ruling on Tuesday that the FIC report detailing “72 suspicious transactions” and Deputy Finance Minister Mcebisi Jonas’s affidavit be struck from Finance Minister Pravin Gordhan’s application. Gordhan has approached the court, seeking a declaratory judgment endorsing that he cannot intervene in the dispute between Oakbay Investments and South […]

In The News South Africa

‘Land reform without compensation an ANC aspiration’

PARLIAMENT – Expropriation without compensation is an aspiration of the African National Congress (ANC) is , Rural Development and Land Reform Minister Gugile Nkwinti said on Tuesday. Briefing journalists on several bills addressing land reform Nkwinti said expropriation without compensation was on the agenda during a Cabinet lekgotla before president Jacob Zuma delivered his state of […]