SANRAL SCRAPS E-TOLL DEBT OF R3.6BN

Sanral says it will write off R3.6 billion for the current financial year but will continue attempts to recover unpaid e-tolls by taking defaulters to court. The South African National Roads Agency Limited (Sanral) has confirmed it will be scrapping debt of more than R3 billion in unpaid e-tolls. Sanral says it will write off […]
Continue reading…

Enjoyed this post? Share it!

 
 

Cabinet expresses confidence in new SAA board

Newly appointed Communications Minister Mmamoloko Kubayi says Cabinet is happy with the appointment of a new board at South African Airways. Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been replaced by Johannes Bhekumuzi Magawaza. Anglo American board chairperson Nolitha Fakude has been appointed as […]
Continue reading…

Enjoyed this post? Share it!

 
 

OUTA WINS FREEZE ON GUPTA MINE REHAB FUNDS AT BANK OF BARODA

The Organisation Undoing Tax Abuse (OUTA) won an urgent interim interdict in the Pretoria High Court against the Bank of Baroda, freezing R1.75 billion in the Gupta-owned Optimum and Koornfontein coal mines’ rehabilitation trust fund accounts. “This is another sweet victory for South Africa, with the prevention of Gupta mining trust accounts worth at least […]
Continue reading…

Enjoyed this post? Share it!

 
 

Court grants interdict to freeze R1.7-billion Gupta mine rehab funds

Anti-corruption advocacy group the Organisation Undoing Tax Abuse (Outa) on Tuesday won an urgent interim interdict to freeze some R1.75-billion in mine rehabilitation funds from two Gupta-owned coal mines. The group’s urgent application was heard in the North Gauteng High Court in Pretoria. In a media statement, Outa said their action was not opposed. The […]
Continue reading…

Enjoyed this post? Share it!