Latest articles on Vbs Bank

Editorial: The ANC lacks consequence management

President Cyril Ramaphosa’s Nasrec promises about accountability need to be effected by the ANC, but the party seems incapable of self-policing

The case against Floyd Shivambu

The flow of money from VBS Bank would seem to suggest that the EFF’s second-in-command was an ultimate beneficiary of proceeds of a crime

Workers’ R60m ‘lost’ in banks scam

An asset manager, VBS Mutual Bank and a Namibian bank have put the retirement funds of 26 000 municipal workers in South Africa at risk

VBS and Steinhoff investigations at “advanced stage” — NPA and SIU

Crime-fighting bodies update MPs on why high-profile investigations into VBS Mutual Bank and Steinhoff have not yielded results

Shivambu hit with VBS legal bill

Brian paid back the money before liquidator could attain records to company dealings. He incurred costs, however

VBS bounty buys Floyd a Rover

The EFF leader admits he bought the vehicle but denies there was a link to the now defunct bank

Hawk eyes for municipal crimes

A report by the auditor general said most municipalities, which are supposed to be on the front line of service delivery, were in financial difficulty

Millions lost and now more VBS liquidations

The bank’s liquidator has gone after two more people who allegedly profited, as well as former president Jacob Zuma

Why South African law on directors’ delinquency is open to abuse

For the first time in SA company law, courts can declare directors delinquent. This new remedy must not be abused by those with the power to use it

Brian Shivambu ordered to pay R1.8m for unpaid VBS loan

The order is in relation to an application by the liquidator of the VBS Bank, as part of a R4-million loan granted to the younger Shivambu’s company

VBS’s fuel scheme lost PIC millions

Forensic investigation discovers anomalies in withdrawals, but top executives approved them

Matjila & Co must face the music

The PIC’s former boss and two executives who allegedly took ‘gifts’ from the bank to look the other way

I did not receive a loan from VBS — Matjila

The former PIC CEO denies allegations made by UDM leader Bantu Holomisa

VBS Mutual liquidators target KPMG

Liquidators are investigating the auditing firm’s sign-off on financial statements, while two former executives also pursue a lawsuit against it

VBS curator in court to recover Shivambu loan

Brian Shivambu has not serviced the loan and is in arrears of more than R2.7-million

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Latest

Traditional healers need new spaces

Proper facilities supported by well-researched cultural principles will go a long way to improving the image and perception of the practice of traditional medicine

Limpopo big-game farmer accused of constant harassment

A family’s struggle against alleged intimidation and failure to act by the authorities mirrors the daily challenges farm dwellers face

Zondo tightens his grip with criminal complaint against Zuma

The state capture commission’s star witness now faces a criminal complaint and another summons

Press Releases

Land reform still a hot potato

The land has got to belong to all the people of South Africa, and many believe that there’s no other mechanism for that except expropriation

UP chemical pathology scientists develop ground-breaking nanobodies for Covid-19 detection and therapy

Nanobodies are smaller than conventional antibodies and easier to work with so they are ideal for good cheap sensitive rapid tests for Covid-19

Inclusion as learned experience in higher education

Understanding the complexity of intersections between oppressions relating to race and gender is key to any commitment to creating a culture of inclusion and social justice

Local government in crisis: how it can be fixed

Local governments are supposed to promote non-racial development, in a decentralised manner, but the reality does not match up

Covid-19 accelerates adoption of technology by the African property sector

It’s not the technology itself that is valuable, it’s the opportunities that it creates: this may be the perfect time for reinvention

BE 1 OF 8 LUCKY PEOPLE TO DRIVE OFF WITH R80 000

From 23 to 30 November 2020, simply purchase any BMW bearing the number “8” and you could be one of eight lucky people to drive off with R80 000

Introducing Sabinet Judgments

A well-rounded view of reported and unreported judgments supplemented by an advanced system to enable users to rapidly find the information they require

The Southern Africa Tuberculosis and Health Systems Support Research and Publication Interventions

The project places emphasis on rolling out a standardised package of occupational health services and mining safety standards across four countries