Business

[ad_1] French media giant Groupe Canal + has acquired a not insignificant stake in South Africa’s largest broadcasting company, DStv’s parent MultiChoice Group. MultiChoice, which is listed on JSE, disclosed Canal + ‘s investment in a statement on the stock exchange news service Monday morning. Canal + bought 6.5% of …

[ad_1] South Africa’s list of high-risk countries, where tourists remain unable to enter the country, has been criticized as being arbitrary and potentially damaging to the local tourism sector. The list of 60 countries includes countries like the United States and the United Kingdom, which are sources of some of …

[ad_1] Former ANC MP Stanford Maila appeared in court on Monday in connection with a 4.8 million rand theft case. He appeared with three others: a municipal manager, a bank employee, and the former president of the Limpopo Makgatho Community Property Association. They were placed in custody until their request …

[ad_1] Cosatu’s secretary general, Bheki Ntshalintshali, warned that the country could become a “mafia state” and susceptible to a coup if things continue as they are. Cosatu Secretary General Bheki Ntshalintshali. Image: Sethembiso Zulu / EWN JOHANNESBURG – Cosatu has outlined several dire scenarios that could happen to South Africa …

[ad_1] President Cyril Ramaphosa. The ANC NEC has pondered a plan to ban politically exposed persons from doing business with the state. The plan was first presented as part of Nedlac’s economic recovery solution. Ramaphosa said further consultation will take place with alliance partners and in legislatures. The ANC NEC …

[ad_1] President Cyril Ramaphosa’s ban on government cadres and employees from doing business with the state meets resistance. President Cyril Ramaphosa he faced a rejection of his disputed ban on officials and cadres from doing business with the state. In the August special of the party ANC NEC anti-corruption meetingHe …

[ad_1] Several other senior figures in the ANC have been implicated in PPE deals and other forms of corruption related to state capture. “In this regard, the lekgotla reaffirmed the position of the ANC and the government that state employees should not do business with the government. At the same …

[ad_1] Andre de Ruyter, CEO of Eskom, in January 2020. Gallo Images / Business Day / Freddy Mavunda Eskom has made available the full report on an investigation by attorney Wim Trengrove into allegations that CEO Andre De Ruyter misled the board. De Ruyter has been acquitted of the charges, …

[ad_1] It’s much later than usual, but the transfer deadline is finally here in Europe’s top leagues. October 5 has been circled on the calendar for some time as the temporary day for the window to close in this very abnormal year. The window has already seen many stars change …

[ad_1] Former SAA President Dudu Myeni. (File Photo: Gallo Images) Nicholas Linnell says that Myeni was known to be a close ally of President Jacob Zuma and therefore did not question his involvement in Eskom affairs. It was Myeni who recommended Linnell to spearhead Eskom’s investigation in 2015. Linnell had …