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NEWS

SA taxpayers lost R521bn bailing out corrupt, mismanaged SOEs

South African taxpayers have forked out an estimated R521-billion over the last 15 years to keep state owned enterprises (SOEs) alive, and have received nothing in return. Despite the bailouts, many companies continue to fail due to financial mismanagement and corruption, and the bailouts may be much higher than the National Treasury estimates. During a Read more >

CORRUPTION NEWS

GGA gives GNU some recommendations to chew on

The Government of National Unity (GNU) caused both hope and scepticism when it was set up, because of the ANC, the governing party for 30 years in democratic South Africa, losing its grip on an absolute majority and having to reach out to other parties with whom to jointly run the country. This outcome was Read more >

CORRUPTION NEWS

Regulate big firms doing business with state, says Open Secrets

The South African government’s extensive, but sometimes redundant use of management consultants to help drive its strategic goals once again came under the spotlight recently with the online launch of The Consultants, a report by civil society group Open Secrets. Authored by Zen Mathe, Luvano Ntuli, and Mamello Mosiana, the report looks into the dubious Read more >

CORRUPTION NEWS

Cagey politicians delay Scopa quest for Eskom answers

By Kwazi Dlamini The parliamentary Standing Committee on Public Accounts (Scopa) is still seeking answers on the matter of tackling corruption at Eskom. This comes after presidential security advisor Sydney Mufamadi failed to provide the committee with information it requires regarding the ongoing investigation against senior ANC politicians implicated in former CEO Andre de Ruyter’s Read more >

CORRUPTION NEWS

Scopa thoroughly unimpressed with De Ruyter

Image: YouTube / Parliament of South Africa Former Eskom CEO Andre de Ruyter appeared virtually on 26 April 2023 before the parliamentary Standing Committee on Public Accounts (Scopa) to elaborate on the allegations he made in a now widely shared February 2023 television interview television interview on e.tv, regarding his knowledge of corruption within the Read more >

OPINIONS

The disgraceful act of belittling and threatening corruption fighters

By Kwazi Dlamini Lack of accountability is not only a threat to our constitutional democracy, but also to Chapter 9 institutions who are tasked with upholding and strengthening that democracy. A threat to these institutions means that they cannot fulfil their mandate to their full capacity and uphold the rule of law. The recent threats Read more >

CORRUPTION NEWS

Scopa takes Eskom to task for corruption, mismanagement

By Kwazi Dlamini The parliamentary Standing Committee on Public Accounts (Scopa) has made its presence felt in overseeing the operations of state-owned entities (SOEs) by embarking on a visit to two power stations operated by the embattled electricity supplier Eskom at the end of August. Scopa members visited both Kusile and Medupi power stations amid Read more >

CORRUPTION NEWS

Mid-term budget policy speech: full text

Read the full text of finance minister Tito Mboweni’s maiden mid-term budget speech below, or download it as well as the budget policy statement: 2018 MEDIUM TERM BUDGET POLICY STATEMENT The economy at a crossroads Madam Speaker President of the Republic Deputy President Cabinet Colleagues and Deputy Ministers Deputy Speaker Governor of the South African Read more >

OPINIONS

Gordhan shows way forward for cleaner public corporations

By David Lewis First published in Business Day Pravin Gordhan’s recent presentation to the parliamentary portfolio committee on public enterprises does indeed portend a “new dawn” for state-owned enterprises (SOEs). These massive corporations, many of which are producing critical basic goods for the country’s public and industry, have been front and centre of the plunder Read more >