Oakbay cries foul on IDC's legal action

2017-11-24 19:34

Oakbay, which faces legal action from the IDC over its failure to pay back R293m owed to the state-owned entity, has called the IDC's actions “spurious and malicious”.

Patel orders Oakbay to pay back R293m

2017-11-23 21:22

Minister of Economic Development Ebrahim Patel gave Gupta-linked company Oakbay Resources until midnight on Thursday to pay back R293m to the Industrial Development Corporation.

Trader fined over 'Gupta middlefinger' art

2017-11-03 12:22

The Financial Services Board (FSB) has fined a trader R100 000 for protest art against the Gupta family and state capture.

Gupta's Tegeta sale: Amin Alzarooni named director of holding company

2017-11-01 17:35

Two months after he was named the prospective buyer of SA mining group Tegeta Exploration & Resources, Amin Alzarooni has been appointed a director of Swiss holding compan Charles King SA

SARB probes Bank of Baroda over Guptas - source

2017-10-12 07:00

Bank of Baroda is being investigated by the SA Reserve Bank over money held for companies controlled by the Gupta family, according to a person familiar with the matter.

Why now, Gupta lawyers ask, as Bank of Baroda cries reputational harm

2017-09-08 18:39

The Indian-based bank, the last resort for a group of Gupta firms to stay afloat, has told a court it wants to cut ties with the Gupta family as it fears reputational damage from continued business them.

Bell Pottinger CEO quits amid Gupta scandal - report

2017-09-03 18:27

James Henderson, CEO of UK-based PR firm Bell Pottinger, resigned over the weekend, according to the Financial Times.

SAA has never been 'on top of the world' - Zuma

2017-08-31 20:30

South African Airways has had problems "all the time" and cannot be attributed to the current board and management, says President Jacob Zuma.

DA confirms Bell Pottinger complaint upheld, appeal possible

2017-08-24 16:50

A UK body has upheld a complaint lodged by the DA against PR firm Bell Pottinger - a ruling is expected early in September, the political party confirms.

Save SA and DA lash out at Gupta sale of media firms to Manyi

2017-08-21 12:47

Save SA and the DA have expressed concern regarding the Guptas’ sale of broadcaster ANN7 and The New Age newspaper to Mzwanele Manyi.


IDC legal action against Oakbay 'too little, too late' - banker

2017-11-24 18:26

The Industrial Development Corporation should have foreseen that it was risky to convert a loan to Oakbay Resources into shares, says a corporate banking principal.

Gupta middlefinger artist says he'll donate any crowdfunding money

2017-11-07 20:00

James Gubb, the creator of the Gupta “share price art”, undertook to donate any money that comes his way as part of a crowdfunding initiative to “the likes of” the Organisation Undoing Tax Abuse and investigative journalism outfit amaBhungane.

Guptas inflated Oakbay price through trading by Singapore firm

2017-11-02 11:36

The Guptas inflated the share price of Oakbay Resources and Energy on its JSE debut by lending money to a Singapore firm to be used to trade the equities.

Gupta firms turned away from Postbank

2017-10-31 09:01

Gupta-owned and linked companies were turned away from Postbank, after they requested opening a bank account with the South African Post Office’s bank.

Sisulu denies attending any Gupta events

2017-09-19 14:23

ANC presidential hopeful Lindiwe Sisulu has denied ever attending any event hosted by the Guptas.

Bell Pottinger expelled from PR body for Gupta work

2017-09-04 18:33

Embattled British PR firm Bell Pottinger has had its membership of the Public Relations and Communications Association terminated “with immediate effect”.

Anxious week for 300 staff of VR Laser

2017-09-03 06:00

It will be an anxious week for 300 employees of VR Laser (VRL).

Gupta divestments not so simple

2017-08-27 06:00

The sale of Gupta-owned company Oakbay’s media interests to Mzwanele Manyi for a total of R450m, which is to be entirely vendor financed, is unlikely to keep the Guptas out of the loop.

Bell Pottinger said to have breached code on Guptas, but DA says decision only due today

2017-08-24 12:52

A UK body has reportedly found that Bell Pottinger did breach the code of conduct of the Public Relations and Communications Association with its work for the Guptas in SA, a report has claimed.

Guptas sell ANN7 and The New Age to Mzwanele Manyi

2017-08-21 09:06

A firm owned by Mzwanele Manyi has bought Gupta-owned media units ANN7 and The New Age, it has been announced.

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