Presentations made to parliament regarding the R30 million retirement package Eskom wanted to pay its former CEO, Brian Molefe, has revealed exactly how the power utility worked out how much he should get paid. According to Sibusiso Luthuli, CEO of the Eskom Provident and Pension Fund, the fund was asked to calculate how much Molefe..
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How Brian Molefe Almost Walked Away From Eskom With R111,000 A Month Until He Dies
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UK Authorities Flag Dlamini-Zuma In Gupta Investigation
Following confirmation that the FBI and UK authorities will be investigating the “Gupta leaks”, British lawmakers have flagged Nkosazana Dlamini-Zuma among 27 people that UK financial institutions should review as possibly involved in criminal financial activities. According to a report by the Daily Dispatch, the ANC presidential hopeful is listed alongside two current wives of president Zuma – Bongi..
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Former Eskom CEO approved R66-million deal that benefited his sister – No end to corruption
Former Eskom acting CEO Matshela Koko has been found to have “personally signed off on a deviation order that allowed his stepdaughter’s company Impulse International, to score a R66m deal from Eskom without going out to tender.” Business Day reported on Thursday that they had obtained a copy of a confidential “sole source justification” memo…
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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 Yesterday Finance Minister Malusi Gigaba announced the axing of former SAA board chairperson Dudu Myeni, who has now been replaced by Johannes Bhekumuzi Magawaza.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..
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SASSA Unlikely To Meet Grant Payments Takeover Deadline, Says Panel
An independent panel has filed a damning first report, accusing Sassa of blocking access to information, and of failing to have a concrete plan or contingency measures in place to meet the court’s directives. Sassa CEO Pearl Bhengu (left), Telecommunications and Postal Services Minister Siyabonga Cwele and Social Development Minister Bathabile Dlamini at a media..
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Zuma Judgment – All Eyes Now On Shaun ‘The Sheep’ Abrahams And Cyril Ramaphosa
While our Constitution is considered one of the most progressive in the world, it has glaring flaws that have allowed it to be grossly abused by a President whose actions now threaten his entire party. Or perhaps put more accurately, they threaten the moral legitimacy and fibre of an organization that once prided itself on..
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Sihle Zikalala: Apartheid legacy at the root of KZN killings
ANC KwaZulu-Natal chairperson Sihle Zikalala has told the Moerane Commission into the killing of political office bearers that apartheid-era operatives must share responsibility for the current wave of political killings in the province. Zikalala, who is set to address to commission again on Friday, has argued that many of the killings are a result of..
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UK to probe European banks linked to SA state capture
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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#GuptaCurse Hits USA – Read The Monster Exposé On Wall Street Journal Front Page2
JOHANNESBURG — The Guptas are truly going global, but not in the way they perhaps would have liked. New York’s Wall Street Journal — which alongside the likes of London’s Financial Times is regarded as the world’s most influential and powerful business publication — has featured the Guptas on its front page today over their central role in state capture. The WSJ’s..
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SOUTH AFRICA: The Naked Hypocritical Curse Of The ‘Majority Rule’
WARNING – GRAPHIC CONTENT – NOT FOR SENSITIVE VIEWERS! SOUTH AFRICA is ostensibly a country whose controllers exercise the worst kind of naked racism and discrimination in order to stay in power. South Africa is also furthermore a country with the most vindictive, cruel and racist black population on earth, who refuse to obey any..
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SANDF unable to protect bases against theft and ‘looting’
There are so many thieves in the army, air force, and navy that FF Plus is already talking about all the plunder. The party’s leader, Dr. Pieter Groenewald said the robbery of SA National Defense (SANDF) assets, including weapons and ammunition, while there is almost no successful prosecution, is shocking and indicates a decay in..
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We are stuck with Zuma: Thousands march against state capture, corruption
Workers across the country downed tools, marched to key points in various cities, and demanded an end to corruption and state capture. All nine provinces in the country engaged in the protected strike action today, which saw thousands of Cosatu supporters stream into public spaces, with many carrying placards with the recurring theme: [Jacob] Zuma..
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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..
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Heavyweight political parties pig out on the money pie
It took more than a month for the treasury and the Independent Electoral Commission to add up just how much public money is flowing into the private banks of political parties from various sources. And when they found out, this was pretty much all the information that they could provide. The answer is R1.09-billion. A..
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Mantashe has every right to back Ramaphosa for president
ANC chief whip Jackson Mthembu has defended secretary general Gwede Mantashe’s right to pronounce on his preferred candidate for the party’s next president. Mantashe nailed his colours to the mast this weekend while speaking at two events in Limpopo, which was also simultaneously tweeted. He said the ANC “will never elect a woman President”, but..
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