Guptas’ ‘pay agents’ undermine job loss cry

2017-09-24 06:00

The Gupta family businesses’ new network of “pay agents” consists of three shelf companies that have been activated in the past few months.

Brown studying Eskom's latest Trillian responses

2017-09-20 17:09

Public Enterprises Minister Lynne Brown is studying Eskom's latest reply to her questions on the power utility's dealings with the Gupta-linked Trillian firm and unethical behaviour surrounding McKinsey.

We don't want to be tainted by KPMG, says Sasfin CEO Roland Sassoon

2017-09-19 17:52

Being associated with KPMG amid the Gupta and SARS scandals, has played a significant role in Sasfin’s decision to part ways, says Sasfin Group CEO Roland Sassoon.

McKinsey faces legal action over Gupta-linked Eskom saga

2017-09-18 18:16

The Democratic Alliance says it will lay fraud, racketeering and collusion charges against US global consultancy firm McKinsey, after it was implicated in the Eskom corruption scandal.

#GuptaLeaks: A third Gupta-Transnet ‘kickback’ contract unearthed

2017-09-18 06:00

Transnet bought seven of the world's most expensive port cranes because a Chinese state-owned firm inflated the price to pay off the Guptas, a kickback contract shows.

Heather Kerzner wants Bell Pottinger to pay back her millions – reports

2017-09-15 14:07

Heather Kerzner, who is engaged to ex-Bell Pottinger CEO James Henderson, has instructed a top lawyer to find a way to recover money she invested in the PR firm.

KPMG SA CEO, 7 others quit on #GuptaLeaks, SARS rogue unit fallout

2017-09-15 11:51

KPMG CEO Trevor Hoole, chief operating officer Steven Louw, chairperson Ahmed Jaffer and five senior executives have resigned and the auditor has withdrawn its SARS 'rogue unit' report.

Finance Ministry slams PIC reports, says Guptas used as smokescreen

2017-09-14 14:28

The Ministry of Finance has dismissed reports that a PIC board meeting will resolve to remove its chief executive, Dan Matjila.

Bell Pottinger collapses after racial-tensions scandal in SA

2017-09-12 22:13

Following an immediate assessment of the financial position, the administrators have made a number of redundancies, it has said in a statement.

How Bell Pottinger made itself look bad

2017-09-12 10:14

The PR firm has gotten into trouble with an 'economic emancipation campaign' in which the phrase 'white monopoly capital' was used, stirring up racial tension.


Guptas' last hope for bank services in SA dashed

2017-09-21 20:59

Companies controlled by the Guptas have lost a court bid to prevent Bank of Baroda from shutting their accounts, which will leave the politically connected family without banking services in SA.

What KPMG’s Gupta imbroglio says about corruption in SA

2017-09-20 11:26

The role that companies such as KPMG play is crucial because auditor firms and consultancies are meant to hold companies and state entities to account, says Jannie Rossouw.

KPMG and McKinsey feel the heat as graft scandal rocks SA

2017-09-19 07:26

As global companies implicated in a graft scandal scramble to contain the damage to their reputations, politicians and law enforcement agencies are prevaricating and stalling official investigations.

Bell Pottinger fallout continues as Geoghegan’s father quits UK firm

2017-09-18 13:25

The fallout following Bell Pottinger’s collapse last week has continued, with the man who introduced the Guptas to the PR firm stepping down from a UK firm.

Magda Wierzycka on KPMG: I wouldn't rush to them tomorrow

2017-09-16 07:00

One of KPMG's fiercest critics gives her thoughts on news that KPMG SA's leadership team resigned on Friday over work it had done for the Gupta family.

FULL STATEMENT: KPMG execs quit over Gupta, SARS report

2017-09-15 13:06

Based on the results of an investigation, significant actions have been taken and are being announced today with respect to KPMG South Africa.

Barclays Africa scrutinises KPMG relationship amid Gupta scandal

2017-09-15 11:00

Barclays Africa is reviewing its relationship with KPMG as the auditing firm comes under scrutiny for work done on behalf of SA companies linked to the politically connected Gupta family.

Johann Rupert: Radical economic transformation just a code word for theft

2017-09-13 16:01

SA's richest man Johann Rupert says radical economic transformation, the policy championed by President Jacob Zuma to reduce racial inequality, is no more than theft.

Duduzane Zuma pledges money from Gupta media firms to youth

2017-09-12 12:35

Duduzane Zuma says he plans to donate his share from the sale of the Oakbay media companies to the Youth Development Programme.

Bell Pottinger: Former partners Geoghegan and Lambert said to seek legal help as firm crumbles

2017-09-11 20:30

The two former partners have reportedly sought legal advice regarding their exit from the scandal-hit public relations firm.

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