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Bain, Nedbank deny facilitating corruption in South Africa

By Prinesha NaidooFirst published on Bloomberg Global consultancy Bain & Co. and Nedbank Group Ltd., South Africa’s fifth-largest lender, denied wilfully facilitating or being party to corruption after a judicial inquiry found their conduct wanting in their dealings with state-owned firms.  A panel, headed by Acting Chief Justice Raymond Zondo, concluded in the first of Read more >

The facilitators and followers in the state capture project: Eskom

Despite his many refutations to allegations that he interfered in the operations of state-owned entities under his watch as minister of public enterprises between 2010 and 2014, Malusi Gigaba did in fact interfere in Eskom’s business dealings with Gupta-owned TNA Media. This is according to the state capture commission’s chairperson, Acting Chief Justice Raymond Zondo. Read more >

Zuma rescission application dismissed with costs

The Constitutional Court has dismissed the application by former president Jacob Zuma to rescind its 29 June judgment which found him guilty of contempt of court. The court delivered the judgment virtually on Friday.   Zuma approached the Constitutional Court after it had sentenced him to an imprisonment term of 15 months for defying its earlier order compelling him to appear before the Zondo commission Read more >

Send the Guptas back: SA needs the UAE’s help to fight corruption

By David Lewis and Michael F. BreenFirst posted on Foreign Policy    US president Joe Biden launched a new initiative last month to focus the government on the fight against corruption, a struggle he called “essential to the preservation of our democracy and our future.” The stakes are indeed high, and Biden was right to Read more >

ConCourt judgment signals a victory for the rule of law in SA

Today’s judgment of the Constitutional Court, handed down by Justice Sisi Khampepe, finding former president Jacob Zuma guilty of “egregious” and “aggravated” contempt of court, and ordering him to serve 15 months behind bars, is a victory for the paramount importance of the rule of law. “This is a historically significant moment,” says Karam Singh, Read more >