SizweNtsalubaGobodo (SNG)

 
Transnet records growth in profits despite axe hanging over CEO’s head
Transnet records growth in profits despite axe hanging over CEO’s head
Transnet has reported a more than 75% increase in net profits to 4.9-billion this year, up from last year’s R2.8-billion. The state rail, port...
Three VBS execs provisionally sequestrated, Vele liquidated
Three VBS execs provisionally sequestrated, Vele liquidated
Provisional sequestration orders have been granted against three businessmen in the VBS Mutual Bank fraud saga.
Eskom reveals billion rand losses in annual financial results
Eskom reveals billion rand losses in annual financial results
Eskom as a stand-alone company revealed a loss of R4.6-billion on Monday, when the utility reported its annual financial results for the 2017/2018...
Power struggle rocks VBS bank’s main shareholder
Power struggle rocks VBS bank’s main shareholder
A power struggle between two central figures in Vele Investments, the company which may have become beleaguered VBS Mutual Bank’s majority ...
Reserve Bank: No guarantee municipalities will get VBS money back
Reserve Bank: No guarantee municipalities will get VBS money back
The Reserve Bank has committed to recover the monies of retail depositors of VBS Mutual Bank, however the same cannot be said for municipal...
KPMG to review all work over the last-year-and-a-half
KPMG to review all work over the last-year-and-a-half
In order to regain public trust, KPMG chairperson Wiseman Nkuhlu announced on Sunday that the auditor will review all the work it has completed...
VBS Mutual Bank 'severely mismanaged' – SARB affidavit
VBS Mutual Bank 'severely mismanaged' – SARB affidavit
VBS Mutual Bank was “severely mismanaged” and there is reason to believe there has...
Coovadia on VBS curatorship: SA cannot afford a bank collapse
Coovadia on VBS curatorship: SA cannot afford a bank collapse
South Africa cannot afford a bank collapse while it is on the path of inclusive economic recovery, according to Banking Association of South Africa...
Gupta firms sail close to the wind
Gupta firms sail close to the wind
Auditors SizweNtsalubaGobodo (SNG) this week abandoned companies controlled by the Gupta family and their associates, citing a board decision after...

Client Media Releases

Tender awarded for SA's longest cable-stayed bridge
MTN backs SA's youth to 'think tech, do business'
Being intelligent about business data
PhD for 79-year-old theology graduate