Issue 1368 - 3 March 2020

HEADLINES IN THIS ISSUE

  • Pam Golding in hot water over sale of houses to ex-Mozambican president's family
  • Myeni case | No shred of evidence of wrongdoing, theft, corruption – lawyer
  • SAP’s Africa boss says ‘no recipe’ for dealing with alleged corruption probes
  • ‘Broken’ claims system will fix Compensation Fund corruption
  • LAMOLA concerned about judiciary’s integrity after bosasa-linked Nair suspended
  • And more...

Pam Golding in hot water over sale of houses to ex-Mozambican president's family

It is alleged that the company may have contravened financial law by not following the legal requirements in the process of selling the properties in Dainfern and Kyalami Estate to the family. Fin 24 -1 March 2020 - Click here

Myeni case | No shred of evidence of wrongdoing, theft, corruption - lawyer

"Ms Myeni's conduct is conveyed against standards expected of a reasonable director...she breached her duties as a director. She misrepresented facts to the shareholder, she misrepresented facts to Parliament," said Steinberg, making a reference to allegations that Myeni lied to Treasury about an Airbus/SAA swap transaction. Fin 24-28 February 2020 -Click here

SAP’s Africa boss says ‘no recipe’ for dealing with alleged corruption probes

SAP SE’s Africa head said the German software company is battling to complete investigations after allegations its employees paid kickbacks for government business in East and southern Africa. Business Tec-24 February 2020-Click here

Broken’ claims system will fix Compensation Fund corruption

Amid complaints about its new claims system, Employment and Labour Minister Thulas Nxesi has assured members of Parliament that the change is part of the department’s efforts to clean up the beleaguered Compensation Fund. Mail & Guardian-2 March 2020-Click here

LAMOLA concerned about judiciary’s integrity after bosasa-linked Nair suspended

The Department of Justice and Constitutional Development on Wednesday said it was concerned about the credibility of the judiciary after Pretoria Chief Magistrate Desmond Nair was suspended while an investigation into his alleged links to scandal-plagued Bosasa is carried out. EWN-28February 2020-Click here

[TEI OPINION PIECE] Ethical failures are to blame for the poor state of our SOEs

State-owned enterprises (SOEs), which have the responsibility to ensure that crucial services are provided to enable the critical functioning of the economy, are failing. One doesn’t have to look far to see the dire effect of load-shedding, ineffective rail infrastructure, or the numerous incidents of public looting and mismanagement at SOEs responsible for financial investment and development. Business Day-29 February 2020- Click here

Former Barclays bosses cleared of fraud

In a sobering defeat to the United Kingdom Serious Fraud Office in a high-profile case that lasted seven years, former Barclays executives Roger Jenkins, 64, Thomas Kalaris, 64, and Richard Boath, 61, walked free from London's Central Criminal Court - known as the Old Bailey. Aljazeera-28 February 2020-Click here

Ex-Baltimore mayor sentenced to 3 years in prison for role in children's book deal scandal

Catherine Pugh, the former Baltimore mayor whose tenure was cut short by a children's book deal scandal, was sentenced Thursday to three years in prison and three years of parole for corruption charges stemming from her role in the scheme. CNN - 27 February 2020 -Click here

Farms inside shipping containers could grow more local produce

Instead of trucking vegetables across the country, one company wants to help food service providers grow food right where they are, no matter how little experience or land they have. Yale Climate Connections - 18 February 2020 -Click here