Amid the long series of Gupta emails that show the family’s trail through the corridors of “state capture”, it can be easy to lose sight of the other instance of “state capture” — or even “country capture” — that is afoot. Jacob Zuma’s Cabinet reshuffle earlier this week, his 11th in the eight years he..
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JZ nukes protocol for his own agenda
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Banks go on the offensive to parry political attacks
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South Africa’s banks have gone on the offensive after being criticised by some politicians over their lending practices and records in addressing racial inequality. Attacks on the lenders have been led by Jacob Zuma, who’s accused them of monopolising the financial services industry, and questioned whether they colluded when closing accounts belonging to members of..
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UK to probe European banks linked to SA state capture
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A complaint about European banks who may be involved in the illicit financial flows of state capture in South Africa has been forwarded to two law enforcement agencies in the United Kingdom, leaving these banks open to investigation and prosecution. The Chancellor of the Exchequer Philip Hammond forwarded a message about banks based in the..
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