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latest news & developments
It’s business vs business in fight over Eskom probe funding
Business Unity South Africa’s chief executive has accused the organisation’s president of throwing the lobby under the bus in a meeting with the president
Apology be damned, Bain colluded with Tom Moyane to capture the South African Revenue Service
Stephen York, the consulting firm’s managing partner in South Africa, said it helped ‘South African organisations grow, innovate, and excel’, yet the Zondo commission found it…
State capture: The complicity of big, bad business
The private sector has had close ties with the government for decades. Some see nothing wrong with this, but other say this relationship is at the very heart of corruption
Moyane too ill to testify at Zondo commission after days of damning allegations
Symington returned to bizarre ‘hostage drama’ and implicated the former Sars commissioner in fabricating charges against Pravin Gordhan with the Hawks
Zondo dismisses Bain’s request to publish its affidavit to commission
The consulting firm said it would suffer prejudice if its version were not made public to counter testimony. But Zondo says Bain created its own dilemma
Former Bain consultant claims company plotted capture on a grand scale with Zuma
Bain’s role at Sars was a gateway for a special council that would control Eskom and the wider economy, Zondo commission witness says
Edcon: Experts split on PIC lifeline
Should the giant be left to sink or should it be helped to stay afloat in South Africa’s retail storm
Bain says it made ‘significant errors of judgement’ in Sars work
Global management consultancy Bain & Company says it does not accept that its local representatives knowingly participated in an effort to damage Sars
Sars breakdown was inevitable with Moyane at the helm — Nugent
A 200-page report authored by retired judge Robert Nugent says governance and integrity failed on a massive scale during Tom Moyane’s era at Sars
Sars IT overhaul will cost R1bn to fix
Gartner received over R200-million in a tender to review and develop a new IT strategy for Sars in 2015 which will now cost R1-billion to fix
Fear stopped staff at Sars from speaking out
Testimony before the Nugent commission this week revealed how irregular and unlawful conduct at the South African Revenue Service continued
Nugent: Bain & Company in a dangerous position as evidence piles up
As more details emerge during the Nugent commission, Bain & Company’s managing director Vittorio Massone was not available to answer questions
Bain back in hot seat as SARS inquiry resumes
Bain & Company has admitted that its work may have been used to ‘further a political or personal agenda’
Bain head honcho mired in state capture allegations won’t be stepping down
Bain & Company clarified on Monday that its managing partner would be taking time to focus on cooperating with the Sars commission of inquiry
SAA links to Bain raise red flag
Elements in the state-owned entity were apparently determined to pass work on to the controversial company