Let us unpack things before Gordhan takes the hot seat on Friday. The Minister of Public Enterprises, Pravin Gordhan, will finally take the hot seat in what will probably be the most anticipated testimony in Deputy Chief Justice, Raymond Zondo’s commission of inquiry into state capture.
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With the light on the State capture inquiry:- Pravin Gordhan has a lot to get off his chest
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Basa: Nhlanhla Nene fears worsening ‘jittery’ markets
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Uncertainty over the future of Finance Minister Nhlanhla Nene is leaving markets jittery, in a development the Banking Association of South Africa (Basa) has described as “unfortunate”.
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All they know is how to spend money:- Auditor General: Irregular spend at ‘all-time high’
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Auditor General Kimi Makwetu has lamented poor financial controls in the public sector that lead to irregular expenditure, saying the scourge has reached an “all-time high”.
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Members of EFF accuse Malema of corruption and gender inequality
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Former members of the Economic Freedom Fighters accuse leader Julius Malema and Deputy President Floyd Shivambu of corruption.
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Tea parties at Saxonwold:- A timeline of Nene’s meetings with the Guptas
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As rumours swirl that Nhlanhla Nene may have had an untoward business relationship with the Gupta family, the finance minister has denied any such claim but has admitted that he did have meetings with the family during his tenure as deputy minister.
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State Capture Inquiry Update:- Zuma Cabinet members turned against Nene
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Members of former president Jacob Zuma’s Cabinet were hostile towards Finance Minister Nhlanhla Nene after he refused to approve a controversial nuclear deal, the commission of inquiry into state capture heard on Wednesday.
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Gupta-linked director general removed from Public Enterprises
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Richard Seleke, the controversial director general of public enterprises, has left public service after reaching an agreement with the presidency.
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State Capture Inquiry Updates:- How Zuma faked a job for Nene
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Former president Jacob Zuma did not give Nhlanhla Nene any reason why he was fired from his position as finance minister in December 2015, but instead presented Nene a “fabricated” job offer.
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Tom Moyane seeks ConCourt intervention as his time runs out
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Suspended South African Revenue Service (Sars) commissioner Tom Moyane has filed an over 700-page application at the Constitutional Court asking the court to urgently hear his matter to have President Cyril Ramaphosa’s decisions in appointing the Nugent commission and the disciplinary inquiry into his conduct as being in violation of the Constitution.
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Tom Moyane is totally insane, since he considers himself to be the most successful SARS commissioner in democratic history
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According to Tom Moyane, he was the most successful SARS commissioner in the democratic history of South-Africa. He now wants to take Cyril Ramaphosa, the Nugent Commission and Pravin Gordhan to the Constitutional Court for the harsh treatment he is receiving and for his cruel “removal” as head of SARS. The 700 page application will..
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Influence of Zuma and the Guptas is still sinking government entities – Denel struggles to pay salaries
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The weapon manufacturer Denel could not pay his senior management’s full salary at the end of September. Denel needs urgent funding and financial assistance and will probably be helped by treasury with tax money to continue production. The influence of Zuma and the Guptas is still having a great influence on state entities and are..
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‘Corrupt’ ANC chief whip is still not fired from after being involved in R1,2 billion corrupt operations
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It has been for more than 100 days since the Special Investigation Unit (SOE)’s damnation report was disclosed in which the ANC chief whip in Gauteng’s legislature, Brian Hlongwa, is involved in R1,2 billion corrupt operations, the DA said. “We measured it every day with our Hlongwa monitor which shows 101 days have expired today,”..
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Blackmailing ‘rumours’ made by Jonas about Hlongwane and Duduzane
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Duduzane Zuma and Fana Hlongwane have said that their infamous meeting at the Guptas’ Saxonwold compound with former deputy finance minister Mcebisi Jonas was merely to clear up rumours that Hlongwane was blackmailing Jonas.
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Fraud and theft behind SAA bankruptcy – SAA’s debt is currently R15 billion more than its assets, and banks will no longer lend the airline any money
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While the airline is required to present its financials by the end of the month, it cannot do so as it’s technically bankrupt. A report in The City Press on Sunday documents the massive financial problems of state-owned airline South African Airways (SAA). According to the report, SAA’s debt is currently R15 billion more than..
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Following the Zondo Commission so far, The Reserve Bank warns of ‘catastrophic’ impact if banks kept Gupta accounts open
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South Africa’s “big four” banks could have been locked out of the international payments system with “absolutely catastrophic” results if they had kept the Gupta family’s bank accounts open in 2016, according to South African Reserve Bank deputy governor Kuben Naidoo.
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