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.
The rules of government’s emergency power programme were questionable from the beginning. Then a series of dramatic changes and inexplicable decisions steered the multi-billion-rand tender towards a “predetermined” end.
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.
Thoughts from amaBhungane’s advocacy coordinator.
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.
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.
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 has followed Absa’s cue and cut ties with Survé. It is entirely possible other banks will follow suit – or have already done so.
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.
The disgraced group’s global settlement proposal hangs in the balance, as claimants clash in court over questions of legality and fairness – including whether the big boys like Christo Wiese are unfairly advantaged.
We’re celebrating our 11th birthday. We’ve asked readers to join in, become amaB Supporters and close our funding gap. We’re almost there – 1% to go!
Yes, today is our 11th birthday. No party hats or streamers though. We’ll be celebrating in the same subdued way we did our 10th: masked up, social distanced and Covid-cautious. But we’ll be asking you to join in.
A 206-page indictment of suspects in the VBS Mutual Bank case has blown the lid off the patronage system beneath the scheme that destroyed the bank as well as the alleged shameless bribery that went with it.
Astonishing sums of public money were poured into a cooking-pot factory project which quickly sank under the weight of mismanagement. Amid the acrimonious fallout, the IDC – made to look foolish – has blacklisted a fellow development funder while court cases are mounting.
Finally, Trasnet and the SIU ask the high court to overturn R54-billion worth of locomotive contracts – the most expensive known to have been affected by state capture.
The rail agency has been hollowed out by years of corruption and maladministration. Despite pronouncements on stabilising the “broken” entity the situation only keeps getting worse. Why? A former Prasa legal manager weighs in with a blistering exit letter which puts the blame right at the top.
The spy agency has confirmed it has halted “bulk surveillance” – the mass interception of electronic communication – after the Constitutional Court ruled earlier this month that there was no law authorising it.
Miss out on amaB’s investigation into Nedbank and state capture? Download the easy-on-the-eye ebook here.
South Africa’s highest court, the Constitutional Court, handed down a landmark judgment on February 4 that not only protects journalists and their sources from surveillance abuse, but also upheld a lower court’s ruling that the insidious practice of the bulk interception of ordinary citizens’ data and communication is illegal.
Following an amaBhungane exposé, the bank faces tough questions about its relationship with a key state capture enabler. It is largely staying silent.
The Constitutional Court’s ruling in favour of amaBhungane, striking down the unfettered powers of the state to individual and bulk surveillance of data and communications, is a major victory for our rights to privacy.
In the saga of disgraced financial services firm Regiments Capital, one name keeps popping up: Nedbank. After years of digging, we can disclose that the bank incentivised the firm to peddle the bank’s financial products to public sector clients that Regiments was supposed to advise impartially. Together, they raked in hundreds of millions.