Gupta company may be suspended from JSE – Finally the getting what they deserve!

Gupta owned company is faced with possible suspension by the Johannesburg Stock Exchange after being dropped by both its transfer secretary and sponsor. Oakbay Resources and Energy Ltd. was informed that the JSE is considering halting trading in its shares and is considering various alternatives, the company said in a statement on Thursday. Both appointments […]
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Banks slapped with fines for weak anti-money laundering controls.

Several local and international banks have been slapped with administrative fines by the South African Reserve Bank, for weak anti-money laundering and combating of financing terrorism controls. The banks include: Investec, Absa, Standard Chartered, as well as Habib Overseas Bank. Overall, banks were fined a total of R46.5-million. Absa was fined R10-million for weaknesses related […]
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ANC has ordered Public Enterprises Minister Lynne Brown and the Eskom board to rescind Brian Molefe’s return.

“We met with Lynne Brown and all of us present said ‘comrades, that decision must be rescinded’,” ANC secretary general Gwede Mantashe. The party’s top six summoned Brown to Luthuli House on Monday. He said the party warned that the matter was likely to end up in court. The DA approached the high court in […]
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The full list of 72 ‘dodgy’ Gupta family transactions totaling R6.8bn

Seventy-two transactions varying from R5,000 to R1.3bn involving the Gupta family have been identified as “suspicious” by the Financial Intelligence Centre (FIC). The 72 transactions worth R6.8bn that feature in a dramatic court application filed by Finance Minister Pravin Gordhan was flagged by the FIC because there had been “no apparent business or lawful purpose” […]
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Are Local Elections Van Rooyen’s next Dirty Deed for Zuma? He’s in the thick of it again AND in charge of IEC

Are Local Elections Van Rooyen’s next dirty deed for his owner Zuma? He’s in the thick of it again AND in charge of Electoral Commission for upcoming local elections. The next dirty deed? Should we be seriously questioning Van Rooyens appointment to be in charge of the Electoral Commission? Especially given his constant appearance in […]
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