Protesting Merafong residents threaten to make West Rand ungovernable, call for mayor's head over VBS scandal

2020-02-06 20:47

At least 5 000 residents of Merafong in the West Rand, Gauteng, have embarked on a shutdown to protest ongoing water and electricity issues in the area.

VBS saga: Parliamentary committee hears about lack of action from municipalities

2019-10-18 18:58

The impact of the VBS Mutual Bank saga on implicated municipalities in Limpopo was laid bare during a week-long visit by the cooperative governance and traditional affairs parliamentary committee.

Limpopo municipalities that invested in VBS under the spotlight

2019-10-09 15:31

The Portfolio Committee on Cooperative Governance and Traditional Affairs will visit municipalities in Limpopo to ascertain the state of service delivery in those municipalities.

WATCH | 'It is a fabrication, it is unfounded' - Malema denies VBS allegations

2019-09-10 16:22

EFF leader Julius Malema has again rubbished claims of his alleged involvement with companies linked to the now defunct VBS Mutual Bank.

Company eyeing VBS hails sequestration of remaining directors, vows payback

2019-08-28 18:07

Investment holdings company Africapacity’s chief investment officer Enoch Ratlabala told Fin24 that the North Gauteng High Court decision to approve the final sequestration of the remaining directors of VBS Mutual Bank was a welcome development in returning some of the bank’s lost funds.

EFF taunted over 'VBS looting' after Mabuza sidesteps 'rogue unit' question

2019-07-25 17:31

An EFF question to Deputy President David Mabuza on the so-called SARS rogue unit was turned on its head when NFP MP Munzoor Shaik-Emam brought in the alleged looting of VBS Bank by his "friends in red".

Malema ally has the 'World' in his hands

2019-06-28 06:00

Tiso Blackstar has announced it would be selling one of its titles, the Sunday World, to Fundudzi Media, which is owned by construction tycoon David Mabilu.

VBS-linked King's appointment unlawful, SCA rules

2019-04-12 17:20

Former president Jacob Zuma's decision to appoint Toni Mphephu Ramabulana as the acting king of VhaVenda was unconstitutional, the Supreme Court of Appeal has ruled.

VBS Mutual Bank had grand growth ambitions, inquiry hears

2019-04-01 17:16

The judicial commission of inquiry into the Public Investment Corporation has heard evidence of how the disgraced lender was aiming to expand its footprint and become a national finance institution.

I take responsibility, but it wasn't me, says ex-PIC exec linked to VBS saga

2019-03-11 15:36

A former PIC executive who was implicated in the financial saga of the collapsed VBS Mutual Bank has sought to clear his name.


OPINION: Myeni, Moyo – and how the delinquency remedy actually works

2019-10-26 13:52

Attorney Matodzi Ratshimbilani explains how directors come to be declared delinquent.

Malema linked to another company that had a VBS loan - report

2019-10-13 13:30

A "fraudulent" application for a home loan with the defunct VBS Mutual Bank has reportedly cast light on a slush fund, allegedly used to channel money to the EFF or its leader, Julius Malema.

Floyd Shivambu's 'cash' purchase of luxury Range Rover attracts Hawks' attention - report

2019-09-20 14:10

EFF deputy leader Floyd Shivambu is once more under the microscope following a report that Hawks investigators were probing his alleged "cash" purchase of a high-end Range Rover Sport.

EFF leader Julius Malema used VBS-linked loot to splurge on 'big-ticket' purchases - report

2019-09-09 14:01

EFF leader Julius Malema benefited, in part, from the R16.1m which flowed from VBS Mutual Bank to the party's leadership, Daily Maverick has reported.

Reserve Bank: Company vying for VBS would need a new licence

2019-08-02 12:28

The Reserve Bank says the investment group vying for the assets of VBS Mutual Bank would need to acquire a banking licence before taking over the collapsed lender.

Ex-PIC head Matjila denies R5m bribe, says he would welcome investigation

2019-07-17 13:58

The former CEO of state-run asset manager the Public Investment Corporation has denied receiving a R5m bribe in April 2017 for allegedly facilitating further funding for VBS Mutual Bank.

DA and Vhangona form pact to get Vhavenda kingship back

2019-05-02 20:51

The dispute over the Vhavenda kingship in Limpopo has become political as election campaigns reach an apex in the province.

Capricorn mayor blasts SACP over VBS march

2019-04-10 09:09

Limpopo's Capricorn District Municipality Mayor John Mpe has blasted the SA Communist Party over a recent march in Polokwane in protest of the VBS Mutual Bank scandal.

Gordhan: Moyane cross-examination bid is a campaign against the ANC

2019-03-13 20:20

Public Enterprises Minister Pravin Gordhan says efforts by Tom Moyane to cross-examine him at the Zondo commission of inquiry are part of a broader campaign against the ANC.

VBS scandal: Call for Radzilani, Msiza to be reinstated, SACP faces threat

2019-02-25 15:46

The ANC's Peter Mokaba region in Limpopo claims the party hasn't been consistent in dealing with members who face claims of wrongdoing.

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