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Bank of Baroda begins closing Gupta-linked accounts
Oakbay Investments, the controversial family’s main holding company, said it wasn’t aware that Baroda would close its accounts.
Barclays Africa apologises for its role in rand-fixing
The bank’s South African unit, Absa, says the Competition Commission is not seeking any administrative penalty against it.
Jackson Mthembu backs Cyril Ramaphosa as next ANC leader
The ANC’s chief parliamentary whip believes the party is in danger of losing national power in two years.
DA scrambles to save its reputation after Mashaba’s gaffes
The Democratic Alliance has assembled a task team to supervise the four big municipalities it is running in alliance with smaller parties.
Competition Commission seeks to fine banks for rigging rand
Local and international banks allegedly created fictitious bids and offers and co-ordinated trading times to distort demand and supply for profit.
Reserve Bank opposes Gupta associates’ bank bid
The central bank wants the merger between the Habib Overseas Bank’s South African unit and a local company to be blocked.
Zuma may axe some ministers to tighten grip on power, say senior ANC leaders
The main target of a Cabinet reshuffle would be Finance Minister Pravin Gordhan, according to political analyst Ralph Mathekga.
Dlamini-Zuma may be appointed to Cabinet to ease succession
The move would bolster Dlamini-Zuma’s profile and chances of replacing Zuma as ANC president.
Standard Bank seeks to stop Zuma from intervening in Gupta Case
The bank asked the High Court to prevent the president from intervening in its decision to close accounts of companies linked to the Gupta family.
Social development department ignores Reserve Bank, imperils welfare for 17-million
The department may have to extend its deal with Net 1 UEPS to continue with the R129-billion in annual payments when the contract ends in April.
Zuma increasingly relying on backing of rural ‘premier league’
The president has warded off calls to resign over the scandals that have marred his administration thanks to a bloc of three premiers.
President Jacob Zuma’s job in peril as the ANC split on ousting him
The plan to oust Zuma has significant support in the ANC’s executive committee and it’s difficult to say whether he will survive
How apartheid torture steeled Gordhan for political warfare
Gordhan was detained three times as he worked to bring an end to apartheid, enduring beatings and suffocation at the hands of the police.
ANC says graft ‘bleeding’ party, some members want Zuma out
Corruption, an arrogant leadership and faction fighting are tearing at the soul the ruling party, according to an internal report.
‘State capture’ probe set to be Thuli Madonsela’s parting shot
The public protector is planning a last round of potentially explosive revelations before she steps down next month.