Latest News for: South africa corruption

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Business industry welcomes new Eskom board but De Ruyter is under fire

Independent online (SA) 03 Oct 2022
National Society of Black Engineers of South Africa (NSBESA) president Mdu Mlaba appeared to support the view that De Ruyter must go ... Business Unity South Africa (Busa) said it was very happy with the mix of relevant skills and expertise on the board.
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McKinsey criminally charged: will banks shut their accounts?

Independent online (SA) 02 Oct 2022
The recent report that the National Prosecuting Authority (NPA) has charged McKinsey South Africa with fraud, corruption and theft is set to draw the focus on the banks that have recently been notorious for closing the bank accounts of black companies and businessmen ... How banks treated Sekunjalo against corrupt white companies is deeply hurting.
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The need to listen to those we disagree with

Indian Express 02 Oct 2022
The net effect, 30 years later, is that the people of South Africa, despite all of the country’s failures to address inequality, corruption and even social polarisation, are in a far better position than those in Palestine ... He is the author of South Africa’s Suspended Revolution.
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McKinsey Charged in South African Corruption Case

Democratic Underground 01 Oct 2022
South Africa’s ... “We believe the charges filed against our South Africa office are meritless and we will defend against them,” a spokesman for McKinsey said in a statement. https.//www.nytimes.com/2022/09/30/world/africa/mckinsey-corruption-case-south-africa.html.
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Emigration hastens skills, tax drain

Independent online (SA) 01 Oct 2022
Everybody knows that the boat is leaking. Everybody knows that the captain lied ... Here in South Africa, many have realised that Captain Cyril Ramaphosa ‒ and the captains before him ‒ have lied about the state of the ship we call South Africa. Corruption has gored huge chunks out of the hull, and there is no power to work the pumps ... That’s how it goes.
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NPA charges McKinsey SA with fraud over Transnet locomotive debacle

News24 30 Sep 2022
The National Prosecuting Authority has indicted McKinsey South Africa on charges of fraud, theft and corruption related to state capture at Transnet ... .
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Will India give Rishabh Pant and Dinesh Karthik more game time in the remaining two ...

Indian Express 29 Sep 2022
The series-opener against South Africa seemed ideal, more so after the visitors were restricted to 106. But with the strip still offering some assistance for the seamers, and South Africa ... Dinesh Karthik India Vs South Africa Rishabh Pant.
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South Africa's Ramaphosa denies money-laundering allegations

San Francisco Chronicle 29 Sep 2022
... South Africa and covering up its theft in an attempt to hide the existence of the money ... The allegations have badly damaged his reputation as a leader intent on cleaning up both South Africa's corruption-tainted government and his own ruling African National Congress party.
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South Africa’s Ramaphosa denies money-laundering allegations

Metro USA 29 Sep 2022
... South Africa and covering up its theft in an attempt to hide the existence of the money ... The allegations have badly damaged his reputation as a leader intent on cleaning up both South Africa’s corruption-tainted government and his own ruling African National Congress party.
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South African Ex-President Zuma Considering Comeback to Politics - Reports

Urdu Point 27 Sep 2022
MOSCOW (UrduPoint News / Sputnik - 28th September, 2022) South Africa's former president Jacob Zuma does not rule out his political comeback after serving time in jail, eNCA broadcaster reported on Tuesday, citing a statement released on Twitter page of Zuma's daughter ... In 1999, Zuma was appointed Vice President of South Africa.
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Jacob Zuma to consult ANC leadership over political return

RTE 27 Sep 2022
South Africa's ex-president Jacob Zuma, who is facing corruption charges and served a short stint in jail, has said he is ready for a political comeback with the ruling party.
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Tesla Uses Company Guilty of Oil Price Manipulation, Bribery, and Corruption for EV Batteries

The Epoch Times 27 Sep 2022
... a commodity trading and mining firm, pled guilty to a decades-long bribery and corruption scheme stretching across Africa and South America.
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Australia’s Queensland province gearing to host Olympics 2032

Financial Express 27 Sep 2022
Central Queensland University is supported by an established research department for its cutting-edge innovation work in engineering and laboratory medicine ... The Dark Art of Corruption. India vs South Africa T20I Series ... Written by Abhinav Bhatia, Senior Trade & Investment Commissioner – South Asia- Trade and Investment Queensland. .
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Greylisting: taking the shine off investment inflows

Independent online (SA) 25 Sep 2022
It is no secret that global asset allocators have cut back on exposure to South Africa for some years, given a series of downgrades and the constant flow of news about the poor economy, corruption and state capture, and widespread power cuts.
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Is the party over for dodgy funding?

Independent online (SA) 24 Sep 2022
A key aspect of South Africa’s democracy is the developmental characteristic ... The exclusion from disclosure of donations for internal party elections undermines the Ethics Act and the conflict-of-interest regime that is essential to promote transparency and to deal with the pervasive corruption bedevilling South Africa.

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