The great housing heist: ‘Widescale looting’ leaves government agency whose job it is to build houses for the poor with an R11m deficit
Reserve Bank court papers on looting at the mutual bank implicate more Limpopo officials
Its reaction ranges from hardline dismissal to pussy-footing rehabilitation and redeployment
Mayors from Makhado, Vhembe, Fetakgomo Tubatse, Collins Chabane, Makhuduthamaga, Giyani and Elias Motsoaledi municipalities were fired on Monday
Vhembe district mayor Florence Radzilani has resigned with immediate effect over the VBS saga
Some of those implicated in the VBS report include Stan Mathabatha’s deputy chairperson, Florence Radzilani, and treasurer Danny Msiza
There are three possible scenarios that might explain the party’s recent attacks and alignments
The state pension fund is feeling the pain of its stakes in Steinhoff and Independent Media
The mayors of the Maquassi Hills, Mamusa and Kagisano Molopo councils were instructed to resign ‘in the interest of public confidence’
The accounting body will on Thursday argue again that Tshifhiwa Matodzi and Andile Ramavhunga should be struck off the CA (SA) roll
It has emerged that several North West municipalities invested R314-million in the bank
Transfers were made from Brian Shivambu’s company for the property in Fourways
VBS Mutual Bank granted the former president an R8.5-million bond which he could not afford
More than 50 people have been implicated in the recent report into large-scale fraud at the bank, following its collapse earlier this year
Threats of litigation, the lure of big money and conflicts of interest have upset the project
A total of 10 municipalities in the province invested with VBS. Three withdrew their investments following instructions from national treasury
The Reserve Bank placed VBS under curatorship in March this year after the mutual bank had experienced what had then appeared to be a liquidity crisis
Premier ‘vigorously encouraged’ NW municipalities to put money into the bank
One of the main lessons from the VBS Bank collapse in South Africa is that audit reports need to be treated with a degree of circumspection
The party’s provincial spokesperson, Machike Thobejane, confirmed the suspension
A forensic report claims Supra Mahumapelo urged municipalities to invest with the bank
Despite being given more teeth, the ANC’s integrity chair does not believe it can compel the ruling party to take action
The council only became aware of the VBS saga when a trade union wrote a letter expressing its concern following a notice to suspend the deputy CFO
The ANC’s national executive committee has tasked its national working committee with paving the way forward on the VBS scandal
Reserve Bank is second to apply for liquidation and it remains to be seen if this causes a delay
Thanks to massive fraud at VBS there is “no prospect” of any resolution for the bank says the prudential authority
The chairperson of the commission said the VBS saga has seriously damaged the credibility of the party
Malema’s family ties to VBS: R5.9-million is alleged to have been paid from Floyd’s brother to Malema’s relative
R5.9-million is alleged to have been paid from Floyd’s brother to Malema’s relative
Cogta minister Zweli Mkhize says municipalities are going to start feeling the pinch as budgets are restructured and recovery plans put in place
The battle for Denel: Row over Zuma and Mandla’s Qatar visit and how the South African arms company is caught in the crossfire of Saudi-Qatar conflict
DA leader Mmusi Maimane believes the president’s decision to reappoint Gigaba and Dlamini is irrational and unconstitutional