Zondo calls for speedy probe into attacks on state capture witnesses

8 March 2021, 12:26 PM
His comments come in the wake of an assassination attempt on a key witness over the weekend. The State Capture Commission chair says the attacks will deter other witnesses who might want to appear before the commission to give evidence.
SABC vows to continue learning from foundation Matlare left behind 8 March 2021, 11:40 AM

The South African Broadcasting Corporation has expressed shock and sadness at the passing of former SABC Group Chief Executive Officer (GCEO), Peter Matlare.

LIVE | State Capture Inquiry, Gigaba cross-examines unidentified witness 8 March 2021, 10:25 AM

The commission is currently hearing the cross-examination of an unidentified witness by former Cabinet Minister, Malusi Gigaba. Advocate Pretorius SC is leading the cross-examination.

Peter Matlare’s passing is a tragic loss: Banking Association 8 March 2021, 3:31 AM

CEO of Business Unity South Africa and the former Managing Director of the Banking Association, Cas Coovadia, has described the passing of Peter Matlare as a tragic loss at a time when his leadership is most needed. 

Molefe to testify about tenure at Transnet at Zondo Commission 7 March 2021, 9:51 PM

Molefe worked as a group CEO at Transnet from 2011 to 2015, when he went to join Eskom.

New COVID-19 variant in SA has negatively affected international tourism: Kubayi-Ngubane 7 March 2021, 5:16 PM

Tourism Minister Mmamoloko Kubayi-Ngubane says the detection of the 501Y.V2 variant of COVID-19 in South Africa has affected international tourism in the country.

Parliament, Nehawu in row over performance bonuses 7 March 2021, 12:33 PM

The Nehawu and Parliament are at loggerheads over the payment of annual performance bonuses to eligible employees.

Ecuador’s Petroecuador awards 1.4 million bbl crude export tender to Shell unit 7 March 2021, 2:19 AM

Ecuador’s state-owned oil company Petroecuador said on Saturday that it had awarded a tender to export some 1.44 million barrels of Oriente-grade crude to a unit of Royal Dutch Shell PLC.

Zeerust business forum wants construction of town’s mall stopped 6 March 2021, 5:13 PM

A Zeerust business forum in the North West wants the construction of a new mega shopping complex in the town to be halted, saying it won't benefit the community.

NPA’s credibility questioned after receiving millions from Steinhoff 6 March 2021, 10:30 AM

There's growing concern among some political parties that the National Prosecuting Authority's (NPA) decision to accept funds from international retail giant Steinhoff will compromised its credibility.

Senate Democrats reach deal on jobless aid in Biden’s $1.9 trillion COVID-19 bill 6 March 2021, 4:01 AM

Democrats in the US Senate said Friday they had resolved their differences over unemployment aid in President Joe Biden’s $1.9 trillion COVID-19 aid bill, enabling them to move forward with the sweeping package after hours of delay.

Oil surges after OPEC+ holds cuts, strong US jobs growth 6 March 2021, 3:23 AM

Oil prices jumped about 3% on Friday, hitting their highest levels in more than a year, following a stronger-than-expected US jobs report and a decision by OPEC and its allies not to increase supply in April.

Fueled by tech, Wall Street rebounds at end of volatile week 5 March 2021, 11:25 PM

Wall Street ended sharply higher after a volatile session on Friday, with the Nasdaq rebounding at the end of a week that saw it extend losses to about 10% from its previous record high.

NPA says no conflict of interest with Steinhoff paying for probe into its scandal 5 March 2021, 9:20 PM

The National Prosecuting Authority (NPA) has confirmed that it's received money from Steinhoff to assist with a forensic probe into the company's auditing scandal, but insists there is no conflict of interest.

Prospects of recovering debt owed by municipalities is remote: Eskom 5 March 2021, 5:04 PM

Eskom says the prospects of recovering debt owed to the company by municipalities is remote.

Former Denel Board Chair Daniel Mantsha to continue testifying at State Capture Inquiry 5 March 2021, 6:53 AM

Former Board Chairperson at arms manufacturer Denel, Daniel Mantsha, is scheduled to continue testifying at Commission of Inquiry into State Capture in Johannesburg on Friday.

Listings boom, trading frenzy fuel record 2020 for investment banks 5 March 2021, 4:01 AM

A surge in blank-cheque investment vehicle fundraising and frantic pandemic-related trading in 2020 boosted investment banks’ income by a record 28% from the year before, a report showed on Friday.

Bianca Goodson spills the beans on Gupta connections in government 4 March 2021, 9:43 PM

Former CEO of Trillian Management Consulting, Bianca Goodson, has told the State Capture Commission in Johannesburg that she was told that Gupta associate and Trillian Capital shareholder Salim Essa had the necessary connections in government to open the cash taps.

Debate over proposed amendments to Pension Fund Act heating up 4 March 2021, 7:44 PM

The debate over proposed amendments to the Pension Fund Act of 1956 is heating up.

SA will still have high debt-servicing costs beyond 2023: Sachs 4 March 2021, 6:02 PM

Former Director of National Treasury Michael Sachs has warned that South Africa will still have high debt servicing costs beyond 2023.

LIVE: State Capture Inquiry, Eskom-related evidence, Part 2 4 March 2021, 2:00 PM

The State Capture Commission of Inquiry continues to hear Eskom-related evidence from the former Chief Executive Officer of Trillian Management Consulting, Ms Bianca Goodson.

NPA making steady progress in Steinhoff investigation 4 March 2021, 12:37 PM

The NPA says there is good progress in investigations regarding the Steinhoff saga, which is known as South Africa's biggest corporate fraud.

VIDEO: State Capture Inquiry, Eskom-related evidence from Bianca Goodson 4 March 2021, 10:24 AM

The Commission will continue to hear Eskom related evidence from the Former Chief Executive Officer of Trillian Management Consulting, Bianca Goodson.

SIU investigation’s preliminary findings describe “devastating” picture of corruption at SAA 4 March 2021, 6:12 AM

The preliminary findings of the investigation on allegations of corruption within South African Airways (SAA) conducted by the Special Investigating Unit (SIU) have revealed what Members of Parliament have described as a "devastating" picture of the extent of corruption at the airline.

Bitcoin rises 5% to $50,942.58 4 March 2021, 1:07 AM

Bitcoin rose 5% to $50,942.58 on Wednesday, adding $2,426.23 to its previous close.

SABC unions may go back to Labour Court to oppose retrenchment process 3 March 2021, 7:39 PM

Trade unions are once again threatening the SABC with court action over the handling of the retrenchment process. They say the process, which was meant to be completed by the end of last month, is unjust, unlawful and flawed.

Portuguese hotels lost 73% of revenue in 2020, see long recovery ahead 3 March 2021, 5:18 PM

Portuguese hotels lost 73% of total revenues last year compared to 2019, the Portuguese Hotel Association (AHP) said on Wednesday, as the COVID-19 pandemic drastically curbed travel from abroad, weighing on the tourism-dependent economy.

VIDEO: State Capture Inquiry, Eskom-related testimony, part 2 3 March 2021, 2:17 PM

The State Capture Commission of Inquiry continues hearing Eskom-related testimony on Wednesday afternoon.

‘Ramaphosa not compelled to respond to Molefe’s accusations for now’ 3 March 2021, 12:39 PM

Deputy Chief Justice Raymond Zondo says President Cyril Ramaphosa at this stage is not compelled to respond to allegations made about him by former Eskom CEO Brian Molefe in his testimony to the State Capture Commission of Inquiry.

VIDEO: State Capture Inquiry – Brian Molefe continues testimony 3 March 2021, 9:18 AM

The Commission of Inquiry into State Capture continues with its hearings in Johannesburg on Wednesday. 

Mbalula confident Matthews can turn things around at Prasa 3 March 2021, 8:30 AM

Transport Minister, Fikile Mbalula is pinning his hopes on the newly appointed Passenger Rail Agency of South Africa (Prasa) CEO Zolani Matthews to turn things around at the rail agency.