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Displaying 101-110 out of 2166 results.

Snagged by the Guptas' global reach

Regulators failed to stop London-based banks laundering hundreds of millions of dollars stolen from South Africa

HSBC, one of Britain's biggest banks, has been accused by a British peer of complicity in a US$500 million money-laundering scheme organised by businesses controlled by the Gupta f...


Mabuza changes the race

Mpumalanga Province becomes the most united voting block ahead of the ANC elections as President Zuma reshuffles his cabinet

Taking a high-stakes gamble ahead of the leadership elections in December, President Jacob Zuma has broken with the African National Congress's traditional allies in the Communist ...


Team Nyusi wins a point

The ruling party's new politburo boosts the President's authority, but the two billion dollar debt scandal still casts a shadow

It has not been an easy journey for President Filipe Nyusi, who does not inspire the same personal loyalty as his predecessor, the redoubtable Armando Guebuza. The first Mozambican...


Signals of change

President Lourenço talks to parliament about pro-growth reforms, some of which will chip away at the Dos Santos business empire

Pledging to take on monopolies that short-change consumers and to open discussions with critical civic activists, President João Lourenço used a speech at the opening of parliament...


Mystery of the missing mine profits

High politics, spies and opaque business interests are suspected in the sharp decline in the country's diamond wealth

On paper, the parastatal Zimbabwe Mining Development Corporation is effectively bust. Ever since the Auditor General, Mildred Chiri, reported in June that ZMDC's liabilities exceed...


Balancing the good cop with the bad

The Reserve Bank is easing the pressure on KPMG. It worries about scaring investors while it tries to make companies more accountable

The government is in disarray over how to handle the deepening crisis unleashed by the auditing firm KPMG’s involvement in the affairs of the Guptas and the 'state capture' p...


Mutharika's uncertain future

Elections may be two years away, but corruption scandals are already making the ruling party's prospects look grim

Cashgate is the scandal which keeps on giving. Ever since the epic looting of the Treasury by government ministers and political parties broke surface in 2013, few politicians have...


New man takes it slow

Lourenço's first appointments leave a country hungry for change doubting that any reform is imminent

Invitations to the VIP area at João Lourenço's inauguration in Luanda on 26 September were hard to come by, even for the ruling-party elite, such was the anticipation around the ev...


KPMG feels the Gupta heat

The global auditor becomes the latest corporate casualty of a spiralling corruption scandal claiming unexpectedly prominent scalps

In a grovelling public apology after 18 months of silence, auditing giant KPMG admitted that its senior executives in South Africa had 'made mistakes' and 'ignored red flags' in wo...


Displaying 101-110 out of 2166 results.