The money is reportedly enough to run the country's Budget for five years and can also retire the mountain of debt that has caused pain through heavy taxation of basic commodities ... Read more »
Prominent opposition politician Floyd Shivambu of the Economic Freedom Fighters has been accused of receiving millions from VBS Mutual Bank, via his brother Brian. The bank's ... Read more »
South African Finance Minister Nhlanhla Nene has allegedly asked President Cyril Ramaphosa to relieve him of his duties, News24 reports. This comes after Nene offered testimony on ... Read more »
During his appearance at the Zondo Commission of Inquiry, Finance Minister Nhlanhla Nene has said that he was fired by former president Jacob Zuma in a meeting that lasted less ... Read more »
Ethiopian officials have revoked land leases in Addis Ababa that were held by dozens of investors, including Ethiopian-born Saudi billionaire Mohammed Hussein al-Amoudi. Read more »
The head of the Eduardo dos Santos Foundation, Ismael Diego, has been arrested over the alleged misappropriation of U.S.$20 million and is being held at São Paulo prison in ... Read more »
Former Cabinet minister Kasukuwere and ally of former first lady Grace Mugabe has been arrested on charges of criminal abuse of office during his tenures as a minister under former ... Read more »
The son of former President Jose Eduardo dos Santos is accused of illegally transferring U.S.$500 million from state coffers to a bank account in the UK. His arrest marks the ... Read more »
The North Gauteng High Court has granted former president Jacob Zuma the right to intervene in the leave to appeal the state capture report case, allowing him to apply for leave to ... Read more »
Standard Bank's former head of compliance, Ian Sinton, who was testifying at the Commission of Inquiry into State Capture, has said that he faced threats from former mineral ... Read more »
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