CORRUPTION NEWS

Another year, another CPI – and it’s the same old story

Image: Flickr/dirkb86 There’s not much to say about South Africa’s showing in this year’s Corruption Perceptions Index (CPI), released today by Transparency International (TI). We’ve said it all before in recent years, because South Africa has produced yet another mediocre score – one that has not changed by more than three points in the last Read more >

CORRUPTION NEWS

The facilitators and followers in the state capture project: SAA

South African Airways (SAA) did not avoid the TNA Media contracts that continue to dog the legacies of fellow state-owned entities (SOEs) Transnet and Eskom. Evidence led before the state capture commission on the airline’s dealings with the Gupta-owned media company was narrowed to two witnesses – its former board chairs Cheryl Carolus and Vuyisile Read more >

CORRUPTION NEWS

Bain, Nedbank deny facilitating corruption in South Africa

By Prinesha NaidooFirst published on Bloomberg Global consultancy Bain & Co. and Nedbank Group Ltd., South Africa’s fifth-largest lender, denied wilfully facilitating or being party to corruption after a judicial inquiry found their conduct wanting in their dealings with state-owned firms.  A panel, headed by Acting Chief Justice Raymond Zondo, concluded in the first of Read more >

CORRUPTION NEWS

The facilitators and followers in the state capture project: Eskom

Despite his many refutations to allegations that he interfered in the operations of state-owned entities under his watch as minister of public enterprises between 2010 and 2014, Malusi Gigaba did in fact interfere in Eskom’s business dealings with Gupta-owned TNA Media. This is according to the state capture commission’s chairperson, Acting Chief Justice Raymond Zondo. Read more >