Powerships: Enviro investigation could capsize R225-billion deal

The Karpowership SA consortium is weeks away from its deadline to wrap up a 20-year electricity supply deal with Eskom. But a Green Scorpions investigation into “misleading” information may prevent it from getting the environmental authorisation it needs.

Powerships: Officials confirm they met rival bidder, ‘minister’s associates’ at Kream

Last month, gas-to-power entrepreneur Aldworth Mbalati made explosive allegations of corruption in a court application. Now, two senior officials from the minerals and energy department have confirmed under oath that they met Mbalati and two alleged associates of Gwede Mantashe at an upmarket restaurant where they discussed a tender worth billions. But while Mbalati says he was pressured to engage in a corrupt scheme, the officials say they assured Mbalati that the tender would be clean.

Karpowership slams rival bidder in corruption case

The Turkish-led consortium has, in court papers, denied any involvement in corruption. It hit back at accuser DNG Power Holdings – asking why, if DNG was aware of corruption, it said nothing until its bid was disqualified.

EOH fleeced by fronts for hire

How EOH got fleeced: the case of the ‘fronts for hire’

A trail of fake invoices and front companies hid a plot to siphon millions from a police contract with tech giant EOH, according to a report to the Zondo commission. The money allegedly ended with a senior EOH executive’s company – from where ANC notables were paid

Update: McKinsey to return R870m state-capture money to Transnet

The money was earned from a three-year partnership between the consulting behemoth and state capture enabler Regiments Capital. McKinsey continues to insist that it was unaware that Regiments was channeling part of the fees to the Guptas.

Analysis: Nothing but Zuma’s deflection

Independent Newspapers reveal “hot off the press” transcripts – dated 2008 and public since 2015 – involving amaBhungane’s joint managing partner and the prosecutor in the former president’s arms corruption trial.

Cashing in on Ekurhuleni’s money for the poor?

A City of Ekurhuleni aid programme to benefit the poor was generously expanded – but the beneficiaries were often commercial companies, raising questions about misplaced priorities and political favours.

Powerships: How the multi-billion-rand tender was (legally) rigged

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. 

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.

Steinhoff's game of chicken

Steinhoff’s Billion-Dollar Game of Chicken

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.

AmaBhungane Team 2021

A great big birthday thank you – we’re almost there!

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!

amaBhungane, centre of investigative journalism, team 2021

Help us celebrate: it’s our birthday

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.

DvR VBS bookcover3

VBS indictment lifts lid on Danny Msiza’s money machine

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.

Funder vs funder in R500m pots fiasco

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.