Wrecking queen Dudu Myeni's reign at SAA may soon be over

Posted 08 March 2017

SAA chairperson Dudu Myeni's time at the airline may soon be over. This week Organisation Undoing Tax Abuse and the SAA Pilots Association brought an application before the South Gauteng High Court to have her declared a delinquent director. This is the first time in history an executive in a state-owned enterprise has been charged in this manner.

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Can Herman Mashsaba clean up the corrupt mess he inherited in Joburg?

Posted 22 February 2017

Joburg's new mayor Herman Mashaba inherited a frightening mess of corruption and graft in Joburg. City employees are being fired daily, and a special Forensic Unit has been set up to deal with the volume of corruption and fraud being uncovered. Sara Gonn at the Institute of Race Relations looks at what's going on in the city.

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Cheating banks face maximum penalties over forex scam

Posted 22 February 2017

When the rand dipped past R17 to the US dollar in January 2016, it looked suspiciously like a coordinated attack. Now it has emerged that 18 banks were involved in manipulating the rand, and the Competition Commission says it is taking no prisoners. But will anyone go to jail or will white collar criminals get another free pass, as they always do?

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Remember those power outages? Turns out they weren't necessary after all

Posted 09 February 2017

Eskom’s claim that electricity tariffs are too low is hardly credible, says an uncensored report into the mess at the power utility. Among the problems it uncovered is that too many in management seemed far more focused on leveraging Eskom’s vast buying power for their self-interest, rather than to drive efficiencies, according to this investigation by Financial Mail.

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Project Spear - the documentary banned by the SABC to shield the government

Posted 16 January 2017

In 2011 Sylvia Vollenhoven put together an explosive documentary explaining how R30 billion was allegedly stolen from government in the final years of apartheid. The SABC refused to air the documentary, claiming it did not meet broadcasting standards. As the documentary explains, some of this money went to Broederbonders, and there's allegations of a former apartheid-era minister rushing off to the US with suitcases of looted money. One Reserve Bank shareholder asked to see evidence that the Reserve Bank actually has the gold it says he does, and is told this is forbidden. Then there is the R1,1 billion "lifeline" from the Reserve Bank to Bankorp (now part of Barclays Absa), of which only the capital had to be repaid. And as Judge Willem Heath points out, this loan was guaranteed with government bonds. If that seems weird to you, imagine your mortgage bank lending you money to buy your house and using it's head office as the collateral. It doesn't get much weirder than this.

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Call for inquiry into state capture by corporations - is this Zuma's payback for Zuptagate?

Posted 16 January 2017

One of the targets of those calling for a public inquiry into the looting of state resources by apartheid-era monopoly capitalism is oligarch Johann Rupert, who last year called for Zuma to go. This is payback time. There is a long story behind this episode, going back more than 20 years when Sanlam-owned Bankorp (now part of Absa) received an illicit bail-out, funded ultimately by taxpayers. It is certainly worth re-opening this saga, but an inquiry would be pointless if it didn't also look into repeated allegations of bank-capture of the court system.

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Houses being sold multiple times by corrupt officials south of Joburg

Posted 10 January 2017

South of Johannesburg, in the dirt poor area of Thulamntwana, shack dwellers were promised houses of their own after President Jacob Zuma visited the area in 2010 and found people living "like pigs". Six years later, hundreds of residents who scraped and saved together money to get housing allocations say thieves have made off with their money, and then sold the same property multiple times.

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A year rocked by corruption scandals

Posted 21 December 2016

2016 was the year of corruption, graft and political upheaval. In SA, President Jacob Zuma clings to power while working out how to avoid facing more than 700 charges of corruption. At SA Broadcasting Corporation, Eskom and other state-owned enterprises, the year was marked by a constant drip-feed of scandal and corruption. But SA is not alone. The presidents of South Korea and Brazil face impeachment proceedings as public outrage over corruption was found to have political consequences.

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Zuma delaying amended FICA bill "to protect corruption"

Posted 07 December 2016

President Zuma has delayed signing off on the Financial Intelligence Centre Amendment Bill which South Africa is committed to enforcing in terms of its international obligations. It allows for warrantless searches in certain instances and would make it more difficult for corrupt officials to operate in the dark. The president believes aspects of the bill are unconstitutional. Chairman of the standing committee on finance, Yunus Carrim, says the committee will take its own legal advice on the matter and then let the Constitutional Court decide.

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ConCourt orders return of eNatis to government

Posted 14 November 2016

Former transport minister Sbu Ndebele has returned from his posting in the Australian High Commission to answer charges he received a R10m bribe for the extension of the eNatis contract to private company Tasima. Last week the Constitutional Court ordered the control of the Electronic National Traffic Information System (eNatis) be handed back to government after it was found that Tasima's five year contract entension, awarded in 2010, was unlawful.

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The rape and pillage of commoners by banks

Posted 16 October 2016

Here's a fascinating story of how Royal Bank of Scotland stripped Scottish hotel owner Nigel Henderson of his life savings when it repossessed his hotel after he took out what he thought was a regular residential home loan. Turns out, the bank pulled this heist on 16,000 businesses, but is now facing the prospect of justice in the US courts, along with massive fines. South African courts take note - this is how you handle corrupt bankers. The only question is: will Bank of Scotland survive?

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Billions in shady Gupta deals laid bare

Posted 16 October 2016

Finance minister Pravin Gordhan filed an affidavit before the High Court last week detailing several suspicious transactions involving the Gupta family, close allies of President Jacob Zuma. This is the latest instalment if a soap opera between various factions of the ANC. Gordhan has also given the middle finger to Shaun Abrahams, head of the National Prosecuting Authority, over his invitation to the minister approach his office to review its decision to prosecute him for fraud relating to supposedly unlawful actions taken while he was head of SA Revenue Services.

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Zuma is a priceless gift to the opposition ahead of 2019 elections

Posted 29 September 2016

Jacob Zuma is a God-given gift to the DA and EFF. They should cherish it while it lasts. Because as soon as Zuma goes, so too will the coterie of acolytes he has surrounded himself with. The biggest beneficiary of his departure wil be the ANC, but that party hasn't figured that out yet.

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As SA's freedom ranking slides, corruption and graft are inevitable

Posted 15 September 2016

Since the year 2000, SA has slipped from the 42nd freest country in the world to 105th - placing us in the bottom third. There are now 14 Africa countries rated higher than SA in terms of overall freedom. As Richard Grant explains, this creates a toxic environment ripe for corruption and graft.

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I am prepared to die to save SA from thieves - Gordhan

Posted 29 August 2016

It's now become clear that the Hawks' investigation into Finance Minister Pravin Gordhan's allegedly unlawful behaviour while at SA Revenue Services is part of an internal war being waged within the ANC. Gordhan last week refused to attend a meeting with the Hawks, apparently on the advice of his lawyers who told him the investigation has no basis in law. Gordhan is fighting back, saying over the weekend that he would die to save SA from thieves. Just who the thieves are, Gordhan is not saying - for now.

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The fall-out from Zupta scandal is just beginning

Posted 15 April 2016

The ANC has made a strategic blunder in throwing its support behind their crippled leader, Jacob Zuma, writes Allister Sparks. That will come back to haunt the party. But we are slowly learning how a compromised cabinet, packed with Zuma toadies, were all set to green light the building of several Russian-made nuclear reactors, and how the Guptas and Zumas were going to make a killing. Former finance minister Nhlanhla Nene blocked the deal and was fired. Here's how it went down. 

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Selective leak of Panama Papers is a perfect blackmail tactic against enemies of the empire

Posted 07 April 2016

Several South Africans were fingered in the so-called Panama Papers expose which detailed how "the rich and powerful hide their money in off-shore tax shelters". Among them were Zimplats, Fidentia and President Zuma's nephew, Khulubuse Zuma. But as Moonofalabama.org points out, this selective leak is a classic blackmail tactic against enemies of the US empire. 

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Why the DA's move to impeach Zuma is the right thing

Posted 04 April 2016

Despite the commentariat's claim that only the ANC can reform itself, the Democratic Alliance is right to ignore them and proceed to bring impeachment proceedings against President Zuma, writes Gareth van Onselen.

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Downgrade is inevitable

Posted 21 March 2016

Given the rash of revelations of SA's "capture" by the Guptas, the disastrous hiring and firing in the finance ministry, and the "nothing going on here" attitude of the ANC, a ratings downgrade seems inevitable. The smugness of the ruling party in the face of disaster is reminiscent of the dying years of the National Party. 

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How does SADTU get away with it?

Posted 20 January 2016

The SA Democratic Union (SADTU) gets a free pass for selling teaching posts for R30,000 a pop in a country innured to such outrages. It is a symptom of the decay that has infested the extractive sectors that feed off the labours of others, writes Cilliers Brink of the Institute of Race Relations.

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2 recent judgments that restore hope in the judiciary

Posted 02 September 2015

Noseweek highlights two recent judgments that give cause for hope. One where the judge ordered a half-built building in Durban to be demolished, and another where the judge slammed delaying tactics and abuse of police and private investigators by deep-pocketed litigators. 

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National Prosecuting Authority has become a political football

Posted 23 August 2015

The new director of the NPA, Shaun Abrahams, has revealed his hand in backing Nomgcobo Jiba. (Madelene Cronje, M&G)Nomgcobo Jiba of the National Prosecuting Authority (NPA) has had a charmed life under the apparent protection of President Jacob Zuma, who many believe she is protecting - in return - from prosecution. The political interference in the NPA is legendary and this week just got a whole lot worse, says the Mail & Guardian.

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SAPS operates as a self-protecting arm of the ruling party

Posted 06 July 2015

The South African Police Service, like its master the ANC, has become adept at protecting its own in the face of serious accusations of criminality, fraud and nepotism. To this extent, it is behaving like the ruling political party, writes Gareth van Onselen in Business Day.

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Judge suspended over R500,000 bribery claim

Posted 17 February 2015

A Johannesburg judge has been suspended pending investigations to accusations he attempted to solicit a bribe to make a case disappear. It is alleged he accepted R90,000 in cash but the accused in the case still ended up in prison.

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What's the story behind Hawks chief Anwa Dramat's suspension?

Posted 01 February 2015

What's behind the suspenion of Hawks chief Anwa Dramat? Was it his supposedly illegal rendition of four Zimbabweans to their home country where two of them subsequently died at the hands of the police? Or was it his investigation into President Zuma's Nkandla palace, built with public money? Or something else?

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