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KPMG got fired from JSE-listed Sygnia over ‘Gupta links’ – M&G

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JSE-listed asset manager Sygnia has fired KPMG over its alleged role in state capture – the first private sector pressure that has been brought to bear on global firms accused of having questionable business relations with the Gupta family. A series of leaked emails, called the Gupta Leaks, have exposed KPMG for its role as..
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Zuma quotes Macbeth, Shakespeare and Mark Antony, but it is a little more than colonial camouflage !!

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On June 16, in front of a crowd of young people in Ventersdorp for Youth Day, President Jacob Zuma turned to unusual material: he quoted from Shakespeare’s Julius Caesar and Macbeth to make a point about self-making. He might not be formally educated — “not a single teacher in South Africa can claim he ever..
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There are so many red flags in ESKOM … where do you start ??

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South Africa’s state owned enterprises have been hit by one scandal after another signalling serious political and corporate governance failures. The largest of these, the power utility Eskom, has seen its CEO Brian Molefe resign, then return, and then be fired – all in the space of seven months. This was followed by the unexpected..
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Education in SA is pathetic – 5‚139 teachers who are unqualified or under-qualified, maybe you should consider homeschooling !!

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Every day‚ tens of thousands of school children are being taught by teachers who aren’t qualified to do the job. The result is that pupils are “not receiving the quality of teaching they’re supposed to be getting”‚ the South African Democratic Teachers’ Union (SADTU) has admitted. And with mathematics and the sciences the subjects hardest..
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DA lays treason charge against Zuma, Gupta Inc. and many more !!

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The Democratic Alliance has laid charges against Jacob Zuma, three Gupta brothers and eight others of treason, racketeering and corruption. DA leader Mmusi Maimane said on Tuesday that the party has accused those allegedly implicated in state capture of violating the Prevention of Combatting of Corrupt Activities Act and the Prevention of Organised Crime Act…
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New Arms Deal allegations – Zuma just want to enrich himself !!

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Jacob Zuma allegedly received hundreds of thousands of rand, as well as expensive gifts from the Thales Group, as part of a 1997 arms deal, according to court papers. The new High Court filing – containing an affidavit from Ajay Sooklal, a lawyer in Pretoria – has been submitted. Sooklal claims he was a confidant..
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Banks slapped with fines for weak anti-money laundering controls.

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Several local and international banks have been slapped with administrative fines by the South African Reserve Bank, for weak anti-money laundering and combating of financing terrorism controls. The banks include: Investec, Absa, Standard Chartered, as well as Habib Overseas Bank. Overall, banks were fined a total of R46.5-million. Absa was fined R10-million for weaknesses related..
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12 000 ‘dead people’ doing business with SA government – Treasury

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It has also identified about 14,000 state employees who are listed as directors of companies that have been awarded state contracts in violation of regulations. South Africa’s National Treasury has discovered about 12,000 dead people in its register of companies that do business with the state. This is among the outcomes of a clean-up of..
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Just a question – Should the broadcasting Act be amended ??

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The South African Broadcasting Corporation’s recent proposal to amend the Broadcasting Act (1999) is, in principle, correct. But the manner in which the SABC wants the Act changed is helpful to the SABC and to marketing its case to the public. The Act, specifically the regulations regarding television licence fees, prescribes payment of a fee..
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WEF ditched democratic, inclusive pretences by facilitating new G20 privatisation.

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Durban’s World Economic Forum (WEF) Africa conference hosted some of the world’s most controversial politicians last week: not just Jacob Zuma and Malusi Gigaba, Robert Mugabe, Yoweri Museveni, King Mswati and Edgar Lungu, but also the most powerful man in Europe, German finance minister Wolfgang Schäuble. At a lecture on Thursday at the University of..
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