ICYMI: SOE looting | Hidden secrets of SA's wealthy - the best of City Press

2018-07-29 21:31
(Gianluigi Guercia, AFP)

(Gianluigi Guercia, AFP)

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A damning Treasury report sheds light on the scale of the theft of public funds from state owned enterprises; South Africa's super rich revealed and questions on the integrity of the Zondo commission into state capture. Here's the best from City Press.

Treasury bombshell reveals how key executives looted millions from Eskom and Transnet

A draft Treasury report on its ongoing investigation into state capture reveals the extent to which the Gupta family’s lieutenants bent over backwards to help them loot Transnet and Eskom.

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Wealth Index: SA’s corporate elite – whiter than ever

The top 50 richest people in the inaugural City Press Wealth Index are worth a collective R323 billion – roughly the same as the 2017 gross domestic product of Mozambique and Namibia combined.

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EXCLUSIVE: Zondo commission hires 'corrupt' Bosasa to provide security

The Zondo commission into state capture has appointed a subsidiary to a company accused of corruption to provide security services without a tender process being followed.

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Students' R30bn aid in shambles

Thousands of disadvantaged students could be left stranded and clueless about next year’s funding, after Minister of Higher Education and Training Naledi Pandor asked the National Student Financial Aid Scheme to halt its funding plans for the 2019 academic year.

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EFF: We are ready to govern the country

The Economic Freedom Fighters (EFF) will look to exploit the juniorisation of South African voters as it prepares to take up decision-making roles ahead of next year’s general elections.

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ANC federalism runs deep

The outcome of the ANC’s provincial conference in Limpopo a few weeks ago had many scrambling to calculate whether it was a victory for President Cyril Ramaphosa’s forces or for those who were aligned to Nkosazana Dlamini-Zuma, his main rival at the ANC’s elective conference in December.

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No one sold out

On June 28 1919, World War 1 officially ended with the Treaty of Versailles, which was negotiated largely among the Allied powers. Germany, the main protagonist in the war, had very little participation as it had surrendered in November 1918.

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Proteas' Sri Lankan tour is all about CWC vision

Cape Town - The guilty verdict at the conclusion of the Proteas' trial by spin in the two Tests against Sri Lanka did little to tempt the South African selectors to make last-minute changes to the one-day international (ODI) squad to play the five-match series.

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To hip-hop with love, Fred Kayembe

In a new short film available online, former Hype magazine editor Fred Kayembe takes a trip down memory lane to the times when hip-hop was driven by fierce intellect.

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Read more on:    transnet  |  eskom  |  state capture  |  economy  |  politics

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