Business In The News South Africa

Gigaba says government committed to playing hardball on State Capture

Ayanda Mdluli JOHANNESBURG- Malusi Gigaba, the minister of finance in SA said government has demonstrated its resolve to confront allegations of state capture and corruption through the judicial commission of inquiry and the investigations being conducted by the Hawks, Asset Forfeiture Unit and other agencies. Delivering his budget speech in parliament on Wednesday, Gigaba said government […]

In The News South Africa

ANC Women’s League welcomes state capture inquiry, calls for broad terms of reference

JOHANNESBURG, January 11  – The African National Congress Women’s League (ANCWL) has welcomed President Jacob Zuma’s decision to appoint a commission of inquiry into allegations of State capture, saying that all those found guilty of corruption should face the full wrath of the law. ANCWL secretary general, Meokgo Matuba, on Thursday said the league has […]

In The News South Africa

Former Eskom board chair Zola Tsotsi testifies in parliamentary inquiry

PARLIAMENT, November 22 – Former Eskom board chairman Zola Tsotsi has started his testimony before a parliamentary inquiry into allegations of state capture at South African power utility Eskom. “The lapses in good corporate governance that have been occasioned by poor decision-making have opened up the company to exploitation by unscrupulous rent seekers,” Tsotsi said […]