Mail & Guardian
Mail & Guardian
James Wood 1

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James Wood 1

Guest Author

US probes DRC oil deal with Khulubuse Zuma tie

An oil deal originally fronted by Khulubuse Zuma is being probed by US authorities as part of a wider investigation into Och-Ziff Capital Management.

Tokyo Sexwale.

Sexwale ‘caught up’ in US probe of suspect DRC mining deal

A company founded by the ANC stalwart apparently profited from notorious mine takeover and could be drawn into American corruption investigation

Breakdown of trust: Riah Phiyega.

Zuma’s oil crony lands R1.5bn more

Did the PIC boss’s opposition to a risky deal, completed on the eve of the polls, force him to go?

Breakdown of trust: Riah Phiyega.

Camac’s US slump drags PIC down

Poor performance in New York calls the PIC’s valuation of the firm into question

Jacob Zuma

PIC throws billions at Zuma crony

Pensioners’ savings are being put into a high-risk deal involving a controversial oilman accused of doing South Africa down.

Mathews Phosa

Tokyo’s tax cuts Absa BEE benefit

Tokyo Sexwale’s company will score up to R150-million from Absa Bank’s Batho Bonke ‘broad-based’ scheme.

With annual interest rates of as much as 60%, unsecured loan customers are struggling to repay as increasing fuel and power prices pushed inflation to a four-year high in August. (David Harrison, M&G)

Madonsela to probe R1-billion Capitec deal linked to ANC

Public protector Thuli Madonsela is to untangle the R1-billion Capitec empowerment deal web woven by a consortium with close links to the ANC.

With annual interest rates of as much as 60%, unsecured loan customers are struggling to repay as increasing fuel and power prices pushed inflation to a four-year high in August. (David Harrison, M&G)

ANC could benefit from R1bn Capitec Bank bonanza

Free shares worth almost R1-billion in Capitec is what a consortium linked to financing the ANC has scored thanks to finance from two state bodies.

Tokyo Sexwale.

Tokyo Sexwale and the DRC’s Mr Grab

A $150-million investment ties Tokyo Sexwale to a controversial Israeli businessman as he pulled off the "heist" of a prize mining asset in the DRC.