News24 #ICYMI: Dlamini-Zuma loses out on KZN PEC votes; Steinhoff sells PSG shares; and Zuma's voting process proposal shot down

2017-12-15 18:59
President Jacob Zuma. (Gianluigi Guercia, AFP)

President Jacob Zuma. (Gianluigi Guercia, AFP)

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Cape Town - Controversial businessman Roy Moodley has received questionable "fees" from yet another contractor to Prasa; Rand powers through R13.30/$ as Nkosazana Dlamini-Zuma campaign suffers triple blow; and 6 gigs that will rock your weekend.

Today's top stories:

Steinhoff sells 20.6 million PSG shares for R4.7bn

Steinhoff International announced it has sold 20.6 million shares in PSG - or about 9.5% of its total share capital - raising approximately R4.7bn.

Fin24 has more

ANC delegate and Zuma 'keeper' Moodley scores Prasa millions

Roy Moodley, the controversial Durban businessman who once allegedly paid President Jacob Zuma a salary, received questionable "fees" from yet another contractor to the Passenger Rail Agency of South Africa (Prasa).

Read more here

Rand powers through R13.30/$ as NDZ campaign suffers triple blow

The rand strengthened more than 1.8% on Friday to below R13.30 to the US dollar amid optimism that Deputy President Cyril Ramaphosa would be victorious in the race for ANC president.

More here

#GuptaLeaks: Confidence game – or how professionals missed massive fraud at Oakbay listing

The #GuptaLeaks prove what many have long suspected: that the November 2014 JSE listing of the Guptas’ Oakbay Resources & Energy – sponsored by Sasfin Capital, audited by KPMG and banked by Absa – was rooted in fraud.

Read more here

Zuma's voting process proposal shot down

The ANC's national executive committee (NEC) has shot down a proposal to separate the voting process for the positions of president and deputy president.

Read here

Dlamini-Zuma loses out on KZN PEC votes

The KwaZulu-Natal High Court in Pietermaritzburg has granted an application for leave to appeal, brought by the provincial executive committee (PEC) of the ANC, which is led by chairperson Sihle Zikalala.

Read more here

ANC Free State PEC, several branches barred from attending elective conference

The High Court in Bloemfontein has barred several Free State branches from attending the national elective conference after the court nullified the party's provincial conference.

Read here

IN DEPTH: Unraveling the City of Cape Town's looming implosion

The City of Cape Town could be on the brink of a total meltdown as allegations between top staffers - which surfaced through recent investigations, documents and leaks - have revealed just how fragmented its leadership is.

Read more here

6 gigs that will rock your weekend

It’s almost the weekend and if you don’t have any plans yet, then look no further!

Channel24 has more here

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Read more on:    steinhoff  |  anc  |  prasa  |  johannesburg  |  anc votes  |  anc leadership race

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