In The News South Africa

State capture commission delay disappoints SANCO

JOHANNESBURG, July 26 – The South African National Civic Organisation (SANCO) says it is disappointed that the court had granted an order extending the period for the Judicial Commission on State Capture, Corruption and Fraud in the Public Sector Commission. SANCO was reacting to reports that the Chairperson of the State Capture Commission of Inquiry Deputy Chief Justice Raymond Zondo had obtained […]

Business In The News South Africa

China’s R14.7 billion investment will stimulate SA economy – SANCO

JOHANNESBURG, July 25 – The South African National Civic Organisation (SANCO) has welcomed China’s investment of R14.7 billion as a financial injection that will stimulate South Africa’s economic growth. Trade cooperation agreements signed by South Africa’s President Cyril Ramaphosa and Chinese President Xi Jinping for the investment are to benefit the local infrastructure, ocean economy, green […]

Business In The News South Africa

SA Civic organisation commends VBS fraud exposure and calls for expansion of probe

CAPE TOWN, July 9 – The South African National Civic Organisation (Sanco) on Monday commended VBS Mutual Bank curator Anoosh Rooplal for exposing “massive fraud” allegedly committed by directors of the institution, as well as its majority owner Vele Investments. VBS Bank has come under inspection after it was revealed that the bank was allegedly […]

In The News South Africa

SA civic organisation hails new TB drug

CAPE TOWN, June 18 – The South African National Civic Organisation (Sanco) has said that the roll-out of a new and much more tolerable drug to fight multi-drug-resistant tuberculosis (MDR-TB) will save many lives of mostly the poor who are ravaged by poverty-related diseases. Sanco was speaking following the announcement that the new drug‚ bedaquiline‚ would […]

In The News South Africa

Sanco calls for an independent probe into multi-million rand North West fraud claims

MAHIKENG, May 19 – The South African National Civic Organisation (Sanco) in the North West has called on the public protector to investigate allegations of fraud related to a multi-million rand payment to a host of companies and patents representing Mvest Trust in which African National Congress spokesman Pule Mabe allegedly has interests. “The investigation […]