HSBC one of Britain's biggest banks has been accused by a British peer of complicity in a US$500 million money-laundering scheme organised by businesses controlled by the Gupta family close allies of President Jacob Zuma...
Vol 58 No 21 |
- SOUTH AFRICA
Taking a high-stakes gamble ahead of the leadership elections in December President Jacob Zuma has broken with the African National Congress's traditional allies in the Communist Party and the trade union movement to promote his own acolytes in a surprise reshuffle on 17 October...
Vol 58 No 21 |
- SOUTH AFRICA
The rare intervention followed the KPMG finding – in an internal investigation last month – that the firm's dealings with three Indian brothers who are close friends of President Jacob Zuma 'fell considerably short' of its own standards (AC Vol 58 No 19 KPMG feels the Gupta heat)...
Vol 58 No 19 |
- SOUTH AFRICA
The firm also disowned a confidential report they prepared for the South African Revenue Services (SARS) in 2014 which stated that former finance minister Pravin Gordhan knew or ought to have known that a rogue investigations unit within the agency was spying on President Jacob Zuma and his allies (AC Vol 55 No 23 Hard times for the revenue service)...
Vol 58 No 19 |
- SOUTH AFRICA
The ruling effectively disbanded the provincial structure led by chairman Sihle Zikalala a close ally of President Jacob Zuma...
Vol 58 No 18 |
- SOUTH AFRICA
Patrice Motsepe holds no political office but he and his family have enormous influence in the ANC (AC Vol 56 No 25 Jacob Zuma's costly week)...
Vol 58 No 17 |
- SOUTH AFRICA
Twenty minutes after Speaker Baleka Mbete had announced on 8 August that the President had survived yet another confidence vote a beaming Jacob Zuma surrounded by bodyguards swept into the parliamentary precinct in Cape Town...
Vol 58 No 16 |
- SOUTH AFRICA
As South Africa's political crisis deepens ahead of the no-confidence motion vote aimed at ousting President Jacob Zuma on 8 August a broad front of civil society organisations is poised to bring hundreds of thousands of people on to the streets to demand that Zuma step down...
In a Policy Discussion Document published in early June South Africa's ruling African National Congress urged President Jacob Zuma's government to preserve AGOA but said it would adopt a 'wait-and-see approach' until Washington offered more detail on its African trade policy...
Vol 58 No 14 |
- SOUTH AFRICA
Ramaphosa needs to integrate powerful competing factional interests and persuade other ANC presidential contenders to throw in their lot with him if they are to beat Nkosazana Dlamini-Zuma President Jacob Zuma's former wife and his chosen candidate to succeed him as party leader (AC Vol 58 No 1 Power struggle goes nuclear)...