Business In The News South Africa

Tito Mboweni wages in on Public Protector’s findings against Absa

JOHANNESBURG, June 20 – Former governor of the South African Reserve Bank (Sarb), Tito Mboweni, on Tuesday waged in on the Constitutional amendment into the powers of Sarb as proposed by the Public Protector, saying that they were too fundamental. This comes after Public Protector Busisiwe Mkhwebane on Monday criticised Sarb for failing to recover R1.125 […]

Business In The News South Africa

Public Protector has erred, says Banking Association

JOHANNESBURG, June 20 – The Banking Association of South Africa (BASA) said on Tuesday that the Public Protector has erred in making comments and recommendations about the Constitutional mandate of the Reserve Bank. This comes after Public Protector Busisiwe Mmkhwebane on Monday ordered remedial action directing Parliament to effect a Constitutional amendment to the powers […]

Business Lead South Africa

South African Reserve Bank to challenge Public Protector’s CIEX report findings

JOHANNESBURG, June 20 – The South African Reserve Bank (Sarb) said on Tuesday that the Public Protector had no powers to direct Parliament to effect a Constitutional amendment to the powers of the Reserve Bank, saying that it would challenge her findings. This comes after Public Protector Busisiwe Mmkhwebane on Monday criticised Sarb for failing to […]

In The News South Africa

ANC Women’s League welcomes Public Protector report on Absa

PRETORIA, June 20 – The African National Women’s League (ANCWL) has welcomed the Public Protector report which instructs the Special Investigating Unit (SIU) to recover misappropriated public funds given to ABSA totalling over R1 billion. On Monday, Public Protector Busisiwe Mkhwebane criticised government and the South African Reserve Bank (SARB) for failing to recover more […]

In The News South Africa

Zuma files conditional application relating to legal review of Madonsela’s report

CAPE TOWN – President Jacob Zuma has filed a conditional counter application to the Democratic Alliance’s application in the Pretoria High Court for an order stating that he has flouted Public Protector Thuli Madonsela’s directives on investigating state capture. Zuma’s application is conditional in that it only applies should the court consider, as the DA […]

In The News South Africa

Public protector agrees to investigate Dlamini-Zuma’s VIP protection – DA

CAPE TOWN, June 4–The office of the public protector has confirmed that it will investigate former African Union Commission chairwoman Nkosazana Dlamini-Zuma for her abuse of VIP presidential protection services, as a private citizen, the Democratic Alliance said on Sunday. This followed the DA’s complaint lodged with the public protector’s office on April 18, DA […]

In The News South Africa

ANC recognises the alleged media reports of MPs submission to the public protector

SOLLY MAKGANOTO Parliament 1, June-The Office of the African National Congress (ANC) Chief Whip in Parliament has issued a statement were they acknowledged the media reports by Africa News Network 7 (ANN7), News24 and the Huffington Post reporting that 90 ANC Members of Parliament visited and submitted a complaint to the Public Protector requesting an investigation into state […]