Following a public apology for meeting the Gupta brothers at their Saxonwold home instead of a public place, Finance Minister Nhlanhla Nene has asked to be relieved of his duties, according to a Business Day report on Monday.
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REPORT – Nhlanhla Nene asks to be relieved of his duties
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Ciryl Ramaphosa blames state capture, apartheid for ailing economy
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President Cyril Ramaphosa says state capture, corruption and the legacy of apartheid are to blame for the country’s poor economic performance.
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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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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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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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Cyril Ramaphosa accused of double standards
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The confession by Deputy Correctional Services Minister Thabang Makwetla during an ANC national executive committee (NEC) meeting that he received a more than R1-million cash bribe, and returned it to an unknown businessman six weeks later, will be at the centre of debates during next week’s NEC meeting.
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Bain & Company won’t be stepping down in state capture allegations
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Beleaguered consultancy Bain & Company on Monday morning issued a clarification that managing partner Vittorio Massone was not stepping down as previously communicated, but rather merely taking time to focus on cooperating with the Sars commission of inquiry.
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An ugly thing is slowly brewing in Jacob Zuma’s pot, he is planning to remove Cyril by means of a rebellion
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From state capture to a complete coup d’état, political analysts say rumors are making the round that Jacob Zuma are using top ANC members, to remove Cyril Ramaphosa. According to the word on the street, Ace Magashule, Supra Mahumapelo, Meokgo Matuba (ANC women’s league), and Thaduxolo Sabelo were seen together in Durban during a “secret”..
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Steinhoff Saga:- Markus Jooste plans to dodge Parliament’s tough questions
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After months of continued revelations regarding the intrigue that is Steinhoff, the reclusive mastermind behind the tangled web, Markus Jooste, will finally appear before Parliament on Wednesday.
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Des Van Rooyen lost no time in the treasury
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On December 9 2015, ANC backbencher Des van Rooyen was appointed finance minister. Four days later, after intense pressure, then-president Jacob Zuma rescinded his appointment, shifted him to the co-operative governance and traditional affairs department and appointed Pravin Gordhan to control the nation’s purse strings.
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So it is Day One for the state capture inquiry to get underway
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The highly anticipated judicial commission of inquiry into state capture — headed by Deputy Chief Justice Raymond Zondo — will kick off on Monday in Parktown, Johannesburg.
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Confirmation from Treasury – Eskom looting was an inside job
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The noose is tightening around senior Eskom officials already implicated in looting with further evidence of the underhanded tactics used to benefit the infamous Gupta family, revealed on Sunday.
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