The Covid-19 social relief of distress (SRD) grant amounting to R350 has been rolled out as an important mechanism to address immediate hunger and impoverishment which has worsened under the lockdown. This new grant was promised to all unemployed South Africans without income between the ages of 18 and 59 years. While the speed of Read more >
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CORRUPTION NEWS
Earlier this week Corruption Watch, Black Sash and Equal Education filed a complaint with the Compliance Advisor / Ombudsman (CAO) of the International Finance Corporation (IFC) regarding the circumstances under which the IFC made a combined equity investment of $107-million in Net1 UEPS Technologies Inc. and its subsidiary, Cash Paymaster Services (Pty) Ltd. The complainants Read more >
PRESS RELEASES
SYGNIA LAUNCHES TWO NEW UNIT CLASSES WITHIN THE SYGNIA MONEY MARKET UNIT TRUST – ALL MANAGEMENT FEES TO BE DONATED TO NON-PARTISAN CIVIL SOCIETY ORGANISATIONS FIGHTING CORRUPTION By Magda Wierzycka Chief Executive Officer, Sygnia Group As a corporate citizen driven by its desire to fight corruption, restore faith in the government and encourage economic growth, Read more >
LITIGATION
The Constitutional Court today handed down a unanimous, blistering judgment in the South African Social Security Agency (Sassa) matter. Judge Johan Froneman ruled that the court will take over supervision of the implementation of the current and future grants process, indicating that the bench had no trust in social development minister Bathabile Dlamini. “This judgment Read more >
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