Monday’s reveal of the results of an independent review commissioned by Bell Pottinger into its work on the Gupta account was quickly overshadowed by the announcement that the PR industry regulator has handed down the harshest possible sanction to the firm. Bell Pottinger has been stripped of its membership of the PRCA after being found to have brought the entire PR industry into disrepute. Though the language of Bell Pottinger’s commissioned review was vague, the PRCA’s findings were unequivocal. By REBECCA DAVIS.
Officials at the Hawks and South African Revenue Service (Sars) seems to have kept exculpatory evidence relating to the highly questionable 2016 investigation into former minister of finance Pravin Gordhan under wraps. The scam backfired: Charges against Gordhan were withdrawn, Sars’ own lawyers labelled the investigation as unethical and now Tom Moyane is fingered as a central figure in the plot. All thanks to Vlok Symington of “Sars hostage drama” fame. Seeking “retribution”, Moyane is now accused of underhand moves aimed at kicking Symington out of Sars. But Symington is fighting back, again. Last week he filed a series of damning affidavits and annexures. Scorpio will unpack the explosive claims in a series of stories – this is the first. BY PAULI VAN WYK.
You are reading the sixth article in Open Secrets’ series, ‘Declassified: Apartheid Profits’. While researching the recently published book Apartheid Guns and Money: A Tale of Profit, Open Secrets collected approximately 40,000 archival documents from 25 archives in seven countries. This treasure trove contains damning details of the individuals and corporations that propped up apartheid and profited in return. Many of these documents were kept secret until now. OPEN SECRETS believes that it is vital to allow the public to scrutinise the primary evidence. Here we invite you behind the scenes to look at the documents that informed the book. Last week we profiled bigot and banker, André Vlerick, this week we take a look at the the bank behind the man.
The MK Council’s announcement on Monday that they would host their own conference of former ANC combatants is the latest evidence that the governing party is at war with itself. Comrades aren’t only speaking out against each other; they’re running opposing programmes. By GREG NICOLSON.
Bell Pottinger should be run right out of South Africa, and all public bodies and businesses in Britain for which it works should at the very least review their contracts, and disassociate themselves from its poisonous role in subverting South Africa’s young democracy. By PETER HAIN.
10X Investments is a vanguard disrupter that promises consistently good results for all their customers using one simple, transparent investing formula. From the bricklayer to the board member, 10X says, all customers benefit from the formula, which relies entirely on index tracking, also known as passive fund management. By STEVEN NATHAN, CEO 10X Investments.
In 2006, Lonmin promised to build 5,500 new houses in Marikana by 2011, as well as upgrading the old single sex hostels. In the first three years, 3,200 houses were to be built and 70 hostels converted. But by the end of the 2009 financial year, only three of the 3,200 houses had been built and only 29 hostels converted. What’s happened since? Pete Lewis tried to find out, for GROUNDUP.
BRICS continues to assert its position as an alternative power to the existing global financing institutions, particularly as a platform for South-South co-operation. As they step up more in global issues, their credibility will be determined not only by their foreign policies but also their domestic stability and the prosperity of each member country. By LUANDA MPUNGOSE.
Never in our national political history has the prospect of a female head of state captured the imagination of public discourse as it has in recent times. Neither has its realisation been as real a possibility as it is currently. The anticipation has also sparked widespread interest in the role of sex and gender in public, political life.
Business Leadership South Africa has asked for feedback to its Contract with South Africa and Integrity Pledge which was launched last month. Sadly, the contents – while well meaning – were more whimper than bang. But with some help, the BLSA initiative could succeed.
Following the recent resurgence of student protests at the Cape Peninsula University of Technology (CPUT) and discussion about protests at the University of Cape Town, we seem to be on the verge of our annual bout of student protests. Last year showed that protests can easily get out of hand if they are not properly managed. By CO-PIERRE GEORG.
It is more than a little rich that the limping ANC presidential campaign of Nkosazana Dlamini-Zuma (NDZ) is being aided and abetted by a vile smear campaign directed at her chief rival Cyril Ramaphosa, who comfortably leads her according to some polls.
The recent incident of a young woman who received millions of rand from the National Student Financial Aid Scheme (NSFAS) is an unfortunate occurrence mainly because it’s a question of one innocent soul falling victim to the rot in the administration of our public institutions. Her utilising the funds deposited into her account is wrong and indefensible; however, we should not be side-tracked from putting the blame for this debacle where it belongs: the officials working for the service provider charged with the responsibility to distribute the funds.
Pretoria - The landmark 2014 judgment that sent a wealthy Mpumalanga timber tycoon, Lloyd Mabuza, to prison for eight life terms, has been upheld by the North Gauteng High Court in Pretoria after the court dismissed his appeal to have the conviction overturned on Thursday.