State capture arrests a 'positive first step' to regaining investor confidence

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Former ANC MP Vincent Smith at his appearance in court.
Former ANC MP Vincent Smith at his appearance in court.
Chanté Schatz, News24

While recent state capture-related arrests have been celebrated as ait will take policy reform to regain business and investor confidence in the SA economy.

In recent weeks a number of high-profile arrests have been made, including that of ex-ANC MP Vincent Smith, who is accused of accepting bribes from facilities management company Bosasa. Smith has maintained his innocence.

In another case, the Hawks arrested six in connection with a R255 million Free State asbestos tender. Among those named are former Mangaung mayor Sarah Mlamleli, former Free State human settlements head of department Nthimotse Mokhesi and businessman Edwin Sodi.

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