Tehillah Niselow

latest news & developments
The AU’s theme for 2025 is Justice for Africans and People of African Descent Through Reparations (Johannes Eisele/AFP)

African Governance Report: Recommendations

There are still serious challenges to development that the continent faces

There has been an overall improvement in African governance since 2008 due to economic growth development in some countries,  but democracy and political governance remain weak in many countries. (Photo: Mahmud Turkia/AFP)

African Governance Report: Highlights

Good governance and respect for human rights is crucial for economic development

The African Governance Report is pushing for all African countries to sign the agreement establishing the African Continental Free Trade Area, to establish a common market for 1.3-billion Africans.

The first assessment of African governance by Africans

The state of governance in Africa has improved, with strong gains made in socioeconomic development

Despite its size, government support and financial services are not available to the informal sector, and this is the key issue holding its growth back. (Photos: Paul Botes and David Harrison)

How to grow the informal sector

Author GG Alcock has solutions to grow the kasi economy

The changes appear to have been instituted by two former PIC officials and members of the PIC board, who have since been debarred from the financial services sector.

How mystery changes to a R350m VBS loan cost the PIC millions

VBS is bankrupt and was liquidated in November, after being placed under curatorship by the South African Reserve Bank in March 2018

Ayo Technology Solutions had accounting adjustments made to their financial statements, but deny that they are involved in any wrongdoing.

Court victory for Ayo in PIC R4.3bn repayment case

The Pretoria high court ruled that the compliance notice issued by the CIPC in February to the PIC should be set aside

The commission, chaired by Justice Lex Mpati, has heard of the close relationship between former PIC CEO Dan Matjila and businessman Iqbal Surve, who holds an indirect stake in Ayo. (David Harrison/M&G)

PIC commission to continue as key Ayo repayment court order expected

Key judgement affecting Surve-linked Ayo is set to be handed down on Monday, as PIC witness identities kept under wraps due to safety concerns

This is the third time Kingon’s acting appointment has been extended. He replaced Tom Moyane in March when he was suspended as commissioner. (Moneyweb)

Acting Sars boss Mark Kingon’s term extended for the third time

Tito Mboweni will assist the president in ‘immediately commencing the process’ to appoint a new Commissioner

Former VBS CEO ?Andile Ramavhunga. (Gallo)

Former VBS CEO wants to challenge ‘bank heist’ report findings at ConCourt

The ‘​Great Bank Heist’ report found that R1.9-billion had been looted from the mutual bank, implicating him along with at least 50 other individuals

Former Sars commissioner Tom Moyane. (David Harrison/M&G)

Ramaphosa grants Sars inquiry two-week extension for final report

The commission, which was established in May and is chaired by retired judge Robert Nugent, was scheduled to deliver its final report by Friday

According to a government statement, the Jobs Summit will focus on “collaborative and high-impact interventions to drive job creation, job retention and economic growth”. (Delwyn Verasamy/M&G)

Cosatu warns jobs summit could be ‘damp squib’

The National Jobs Summit, on Thursday and Friday in Midrand, is being touted by President Ramaphosa as an avenue to address the rising jobless rate

The banks did not disclose their reasons for cutting ties with the Guptas in 2016, citing the confidential client-bank relationship. (Gallo)

Reserve Bank warned of ‘catastrophic’ impact if banks kept Gupta accounts open

South Africa’s ‘big four’ banks could have been locked out of the international payments system with ‘absolutely catastrophic’ results

A highly placed source at the transport and logistics parastatal told the Mail & Guardian that the board has given its Gama notice of termination.

Transnet board to consider reasons why CEO shouldn’t be suspended

The state freight and ports company served its chief executive Siyabonga Gama and two other executives with suspension notices last week

Advocate Matodzi Makhari (Phill Magakoe/Gallo)

Engineering CEO apologises, keeps his job

The ​SAICE board has accepted Manglin Pillay’s apology for the comments he made in his column

(David Harrison/M&G)

Amcu warns Implats: Gloves will be off should job cut talks fail

Implats will need to consult with trade unions before going ahead with the plan to cut 13 000 jobs in the next two years