Shareholder steamrollered in dodgy Transnet deal
A Gupta-linked middleman company slipped into a Transnet deal and spiked the price of relocating a locomotive-manufacturing venue from Gauteng to Durban from a mere R9.7m to about R700m.
Salim Essa
How world sees SA: The comprehensive Gupta saga from A(tul) to Z(uma)
After reading this article, there’s no way you can be confused about the way the Guptas and the complicit ANC president Jacob Zuma have robbed the nation.
Denel finally exits joint venture with Gupta-linked VR Laser Asia
South Africa’s state-owned arms company Denel has exited a joint venture with VR Laser Asia, which has been linked to the Gupta family.
First McKinsey, then SAP but don’t forget the Chinese – Greenblo
First is was consultancy firm McKinsey, and then software developer SAP, to be invited for the attention of the US Securities & Exchange Commission (under the Foreign Corrupt Practices Act) amongst other jurisdictions internationally empowered to prosecute bribery.
MUST READ: Reaching inside Denel: Too many unanswered questions – HSF
If it’s not Eskom then, as in this case, it’s Denel, but the Guptas seem to have their paws on anything run by the South African government.
Sarb handbrakes Gupta associates bank bid, requests PG blocks Habib takeover
South Africa’s central bank has recommended rejecting a bid to buy Habib Overseas Bank’s local unit because of concerns about the source of the two businessmen’s income and tax declarations.
🔒 SA’s unseen tipping point fast approaching – just like Brexit, Trump
The resignation of Eskom CEO Brian Molefe who was followed shortly by Mark Pamensky shows something is happening behind the scenes. The momentum is growing and the tipping point is near.
Donwald Pressly joining the dots: Red Herrings, pre-paid at Eskom & ‘Mr Fixit’
Donwald Pressly says it’s not a surprise to find out that Brian Molefe, who has jumped top job to top job received 58 calls from the Guptas in the last year or so.
Another Gupta “partnership” targeted by Treasury as Denel in its crosshairs
State-owned Denel says it will fight Treasury’s efforts to block a deal to market its products in Asia with a company that has been tied to the Gupta family.
Mailbox: Ah, after Pamensky disclosure now Eskom, um EsZupta, makes sense
Biznews community member Daniel Sutherland thinks a name change for Eskom is in order as the current board, CEO and CFO are completely captured by the Guptas.