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South Africa: Opposition Attacks ANC Over Links to Energy Deal
Congress of the People, 14 April 2010
The ruling party is riddled with contradictions and dishonesty regarding its alleged divestment from Hitachi through its business arm, Chancellor House. Read more »
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South Africa: Ruling Party Splits Over Stake in Firm
Business Day, 14 April 2010
DAYS after African National Congress (ANC) treasurer- general Mathews Phosa promised the party would sell its stake in Hitachi Power Africa, it has become clear that the party… Read more »
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South Africa: ANC Closes Shop On Hitachi Stake Enquiries
Business Day, 13 April 2010
The ruling ANC has officially stopped answering questions about its possible sale of its investment arm Chancellor House Holdings' stakes in Hitachi Read more »
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South Africa: Hitachi Deal is Still Corrupt - Wrong for Party to Benefit From Loan to Eskom
Business Day, 12 April 2010
THERE are obviously some important "positives" in the fact that the World Bank has agreed to SA's request for a $3,75bn loan to help Eskom build its power stations. There were… Read more »
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South Africa: Chancellor House Lesser Evil Than Party Donors
Business Day, 12 April 2010
THE African National Congress (ANC) will cast a shadow over our lives for some time yet. None of the opposition parties - individually and collectively - poses a serious threat to… Read more »
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South Africa: Hitachi Firm in 'Controversial' Coal Haul Deal
Business Day, 9 April 2010
A SISTER company to Hitachi Power Africa, in which African National Congress (ANC) investment arm Chancellor House is a 25% shareholder, has been awarded a R250m contract for seven… Read more »
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South Africa: Ruling Party Has U.S. $750 Million Stake in Utility Deal
Fahamu, 28 January 2010
What is happening to South Africa's African National Congress (ANC) and its leadership? There can be no doubt that for a ruling party to be a shareholder in a private company that… Read more »