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Makhubela: “The truth is that there was one allegation of sexual harassment on the whistle-blowing line, made by people who are involved in tender manipulations that I was duty bound to cancel.”
Eskom reduced the intensity of rotating power cuts on Friday – the country’s ninth straight day of scheduled blackouts – after imports from Mozambique were partially restored.
Steinhoff’s former chief financial officer is working with authorities as they investigate questionable transactions that brought the global retailer to the brink of collapse.
President Cyril Ramaphosa has intensified government’s campaign against corruption and state capture with a proclamation establishing an Investigating Directorate in the Office of the National Director of Public Prosecutions.
Despite record production, aluminium products maker Hulamin is reducing the value of its assets by a combined R1.45bn.
Zimbabwe plans to raise $350m from the sale of stakes in five state-owned companies, Finance Minister Mthuli Ncube said.
Sasfin Financial Director Angela Pillay says the growth is primarily due to an improved credit loss ratio and a normalisation of the tax expenses.
The Hawks are also seeking mutual legal assistance and has engaged several regulators, such as the Reserve Bank and Financial Sector Conduct Authority.
In the past 24 hours, South Africa’s President Cyril Ramaphosa had to apologise for the poor state of the country’s infrastructure before having first-hand experience of just how bad it is.
South Africa’s Energy Minister Jeff Radebe removed Luvo Makasi as chairman of the nation’s Central Energy Fund, citing “serious allegations.”