Howa has also resigned from his position as non-executive director at Oakbay Resources.
It shouldn’t have come to this, but we should be very grateful that we have not been short of people willing to stand up to the plunder of the state.
No questions, documents were taken as read, plagiarised text. This is how the Gupta family’s company lets shareholders interrogate directors.
The controversial colliery is allegedly flouting safety standards, imperilling workers and reneging on payments.
But the finance minister did warn Oakbay that it should have nothing to hide if it goes that route.
The finance minister says he will reveal all the interactions the treasury has had with Oakbay
A judicial inquiry is the best way to shed light on the reasoning behind the decision to close off accounts says chief executive Nazeem Howa.
The banks’ decision was influenced by ‘potentially reckless media statements’ about the Gupta family, says inter-ministerial team.
There is some value in the controversial family’s businesses, but buyers may want a big discount.
The Gupta company’s annual report squeaked in just on time, but chunks seem to have been nicked.
Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor.
The Gupta family pleaded with the Democratic Alliance’s David Maynier to stop using the family name “as a football in his party-politicking battles”.
Five journalists who participated in protests and demonstrations in solidarity with fired colleagues were dismissed on Tuesday.
On Wednesday Anonymous Africa claimed to take down Gupta-linked websites for Oakbay Investments, Sahara, and media outlets The New Age and ANN7.
The cyber hacking cooperative Anonymous Africa threatened and apparently shut down the websites of Gupta-linked companies on Wednesday.
The Mail & Guardian spoke to some of the protesters who marched on three of SA’s biggest banks and asked them what they thought of the Guptas.
The DA revealed that Oakbay Investments chief executive wrote to the party leader requesting a meeting, but the DA “firmly rejected” the proposal.
Amid reports that Atul and Ajay have left SA, experts can only speculate why financial institutions suddenly found the family too hot to handle.
The Gupta family and Duduzane Zuma released statements on Friday announcing that they had stepped down from all Oakbay companies.
The Guptas say Deputy Finance Minister Mcebisi Jonas’s claims that they offered him the position of Finance Minister are "totally false".
Oakbay Resources, a company controlled by the Gupta family is having a crazy share price ride – but that has not dampened its fundraising ambitions.