Powerships: How the tender kneecapped renewables and favoured gas

Hundreds of pages of “briefing notes” reveal that frustrated renewable bidders warned government that nonsensical rules of the emergency power programme would force bidders to burn fossil fuels and result in consumers paying more than they need to for electricity. 

Thulani Majola and the Ekurhuleni connection

Millions out, billions in part II: Company that paid millions to the ANC and Malema scored big in Ekurhuleni

Some days Thulani Majola gave generously to the ANC; some days he gave to EFF leader Julius Malema. This even-handedness might help explain the hoard of government contracts Majola accumulated over the years. The second in our two-part series looks at how Majola’s company accumulated lucrative tenders in Ekurhuleni.

Advocacy comment: World Press Freedom Day 2021

Thoughts from amaBhungane’s advocacy coordinator.

Thulani Majola, Nomvula Mokonyane, Julius Malema

Millions out, Billions in part I: Majola’s investment in ANC and EFF kept everyone sweet

Some days Thulani Majola gave generously to the ANC; some days he gave to EFF leader Julius Malema . This even-handedness might help explain the hoard of government contracts Majola’s LTE Consulting accumulated over the years, whose value can be measured not in millions … but in billions. The first in a two part series.

Gwede Mantashe

Powerships: Losing bidder claims ‘blatant corruption’, fingers Mantashe ‘associate’

A jilted firm is asking the high court to overturn government’s appointment of preferred bidders for the supply of emergency power, claiming the tender process was “grossly and blatantly flawed, corrupt and procedurally unfair”. The lion’s share went to the Karpowership consortium, which has denied involvement in any impropriety.

Red Cross at war with itself

Red Cross at war with itself

Acrimonious disputes among past and present directors of the Red Cross have disrupted the organisation, despite repeated attempts to root out corruption and mismanagement.

FNB denies banking to Ayo

Update: Another bank abandons Iqbal Survé

FNB has followed Absa’s cue and cut ties with Survé. It is entirely possible other banks will follow suit – or have already done so.

Absa does a Gupta on Iqbal Survé

Absa does a Gupta on Iqbal Survé

The bank has cut ties with 24 companies directly or indirectly controlled by Iqbal Survé’s Sekunjalo Investment Holdings. The move is reminiscent of the beginning of the end of the Gupta empire.