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Tag Archives: Corruption in South Africa

19Oct/17

FBI and UK’s FCA investigating international links to South Africa’s Gupta family, currently emboiled in a corruption scandal

October 19, 2017LegalAfrican National Congress, Business/Finance, Company: Financial Conduct Authority, Company: StanChart, Corruption in South Africa, Country: South Africa, Financial Conduct Authority, Gary Naidoo, Gupta, Gupta Empire, Gupta family, HSBC, In South Africa, Jacob Zuma, Johannesburg, London, Peter Hain, Politics, Schabir Shaik trial, South Africa, South African people, the financial conduct authority, United Kingdom, United States, Zulu people, Zumasmbale

JOHANNESBURG, SOUTH AFRICA (OCTOBER 19, 2017) (REUTERS) – The FBI has opened an investigation into U.S. links to South Africa’s Guptas, escalating a scandal over the family’s alleged use of a friendship with President Jacob Zuma to control state businesses, the Financial Times said on Thursday (19 October). Continue reading →

01Apr/17

South Africa’s new finance minister wants radically changed economy

April 1, 2017EconomyCorruption in South Africa, Government, Jacob Zuma, London, Malusi Gigaba, Minister of Public Enterprises, National Treasury, Nelson Mandela, Orders, decorations, and medals, Pravin Gordhan, Pretoria, South Africa, South African people, Zulu peoplesmbale

Signalling a swing to the left, South Africa’s new finance minister says he wants to radically change the economy but pledging to maintain fiscal stability.

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31Mar/17

Zuma sacks finance minister, shaking S. Africa

March 31, 2017PoliticsAfrican National Congress, Apartheid, BLOEMFONTEIN, Cape Town, Corruption in South Africa, Cyril Ramaphosa, Economic Freedom Fighters v Speaker of the National Assembly, Government, Gupta family, Jacob Zuma, Johannesburg, Lucy Fielder, Malusi Gigaba, Minister of Public Enterprises, National liberation movements, Nelson Mandela, Politics, Pravin Gordhan, Pretoria, South Africa, South African people, Zulu people, Zumasmbale

President Jacob Zuma’s midnight sacking of his finance minister shook South African markets on Friday, undermining his authority and threatening to split the African National Congress (ANC) that has governed since the end of apartheid. Lucy Fielder reports. Continue reading →

01Nov/16

South African opposition demands release of political interference report

November 1, 2016PicturesAfrica, Corruption in South Africa, Economic Freedom Fighters v Speaker of the National Assembly, Gupta, Gupta family, In South Africa, India, Jacob Zuma, Nkandla, Politics, Pravin Gordhan, president, Pretoria, Public Protector, Schabir Shaik trial, South Africa, State capture, Thuli Madonsela, Zulu peoplesmbale

Members of South Africa’s opposition parties arrive at the High Court in Pretoria to push for the release of a report which alleges political interference by wealthy friends of President Jacob Zuma.

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