ANC's obsession with the cookie jar

2018-08-13 12:15

There are two interesting developments that should worry those monitoring government's ability to manage public funds properly, writes Ralph Mathekga.

CEO pay at SA's 10 biggest companies rises to R24.9 million

2018-07-12 11:59

A new report by PwC also found that only 2.2% of the CEOs at JSE-listed companies were women.

Mkhize rejects claim of wrongdoing linked to municipalities and VBS

2018-07-02 17:25

Cooperative Governance Minister Dr Zweli Mkhize has denied that he had any involvement with the investment of municipalities in VBS Mutual Bank, describing the allegations as "totally untrue".

Samwu president clarifies issues around VBS bank loan, slams Media24

2018-05-17 20:51

The president of the South African Municipal Workers' Union denies that the union is in a "state of paralysis", describing the claim as a myth.

KPMG top exec suspended as new scandal threatens to engulf the audit firm

2018-04-11 16:17

The current head of KPMG's largest business unit has been suspended. He was also the lead audit partner on VBS Bank.

SARB's Naidoo: We warned VBS on its reliance of huge depositors

2018-03-20 13:14

SA Reserve Bank registrar Kuben Naidoo has told Parliament’s Standing Committee on Finance that the SARB warned VBS against placing reliance on the ten largest depositors, with municipalities the largest.


Ex-VBS boss temporarily 'saved' bank to conceal fraud, advocate alleges

2018-08-01 12:05

The former COO of VBS Mutual Bank ensured R18m was paid to the institution to try to solve a liquidation problem, it has been claimed in the Gauteng High Court.

No bailout for councils hit by VBS Bank collapse - Mkhize

2018-07-02 17:33

Government won’t bail out 13 municipalities that lost about R1.65bn they invested in VBS Mutual Bank before it collapsed in March, says Minister Zweli Mkhize.

What happened at VBS Bank?

2018-07-01 07:36

The vultures were circling long before poor business practices impaired the bank, writes Sipho Masondo.

VBS Bank loan was for photocopy machines, says Samwu

2018-04-29 19:27

The SA Municipal Workers' Union is adamant that crisis-ridden VBS Mutual Bank did not finance a building the union already owned, saying that the only known loan related to photocopy machines.

Water money diverted to VBS by North West municipality

2018-04-01 08:35

The Moretele municipality has been asked to explain why it took money from an infrastructure grant.

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