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Seifsa president points to ‘signs of green shoots' for metals sector

12th October 2018 In an address at the Steel and Engineering Industries Federation of Southern Africa’s (Seifsa’s) Presidential Breakfast on Friday, outgoing interim president Alph Ngapo expressed optimism that the political transition, which saw President Jacob Zuma replaced by President Cyril Ramaphosa earlier... 

Dladla steps down as CEO of Eskom Rotek Industries

By: Creamer Media Reporter      9th October 2018 Eskom Rotek Industries CEO Johnny Dladla, who served a short stint as the group's CEO in 2017, has resigned and will leave Eskom at the end of October to "pursue private business interests".   The State-owned utility said in a statement that Dladla's successor would be announced in due course.... 

President's office says 'not aware' of Nene request to be sacked

By: Reuters     8th October 2018 President Cyril Ramaphosa's spokesperson said on Monday his office was not aware of Finance Minister Nhlanhla Nene's request to be relieved of his duties after he admitted to visiting the Gupta brothers. The rand fell more than one percent when Business Day newspaper reported Nene had asked... 

I will testify to Zondo if I'm called – Ramaphosa

By: News24Wire      3rd October 2018 President Cyril Ramaphosa has said that he is prepared to appear before Deputy Chief Justice Raymond Zondo's judicial inquiry in to State Capture should he be asked to do so. Ramaphosa was replying to a question in Parliament. 

State capture inquiry postponed 'until further notice'

By: News24Wire      11th September 2018 The judicial commission of inquiry into state capture has been postponed until further notice, it announced on Tuesday. The hearings were expected to resume on Wednesday with the testimony of former minister of public enterprises Barbara Hogan. The commission's chair, Deputy Chief Justice Raymond... 

Gupta revealed 'top secret' Denel matter – Mentor

By: African News Agency      28th August 2018 Ajay Gupta revealed top secret information regarding state-owned arms manufacturer Denel during a meeting at the family's Saxonwold compound, former African National Congress (ANC) parliamentarian Vytjie Mentor testified at the state capture commission of inquiry on Tuesday. This was a meeting... 

Transnet results eclipsed by irregular expenditure, qualified audit and State capture

By: Terence Creamer     20th August 2018 A surge in irregular expenditure to over R8-billion triggered a qualification of Transnet’s 2018 financial results, all but eclipsing an otherwise strong financial and operational performance by the State-owned group. The irregular expenditure related primarily to procurement undertaken by... 

Finance ministers fired by Zuma to testify at State capture inquiry 

By: News24Wire      20th August 2018 Two of the finance ministers who Jacob Zuma fired during his time as South Africa's president are expected to testify at the State capture commission of inquiry. Head of legal services, Paul Pretorius SC, told the commission that current Public Enterprises Minister Pravin Gordhan and current... 

Zondo appeals to South Africans to bring evidence on State capture 

By: African News Agency      20th August 2018 The chairperson of the commission of inquiry probing allegations of corruption and State capture, Deputy Chief Justice Raymond Zondo on Monday appealed to South Africans to come forward with any information and evidence they think might help the commission in its investigation. Zondo opened the... 

State capture inquiry gets underway in Johannesburg

By: African News Agency      20th August 2018 The judicial commission of inquiry into alleged capture of the South African State and its entities, referred to as ''State capture'', is set to begin on Monday in Johannesburg. At the centre of the hearings are the fugitive Gupta family, who have since left the country as allegations of... 

State capture inquiry to start on August 20

By: News24Wire      27th July 2018 Deputy Chief Justice Raymond Zondo has announced that the judicial commission of inquiry into allegations of State Capture will officially begin on August 20. Zondo made the announcement at a media briefing in Johannesburg on Friday. Earlier this week, Zondo welcomed a decision by the North... 

Probe into influence peddling to start hearings in August

By: Reuters     24th May 2018 An inquiry into allegations of influence peddling revolving around former president Jacob Zuma and businessman friends of his will begin formal public hearings in August and could take two years or more, the head of the commission said on Thursday. The allegations around Zuma, forced from office... 

Half of Ramaphosa’s SoE council to be made up of people from outside of government

By: Terence Creamer     23rd May 2018 President Cyril Ramaphosa has announced that the composition of the Presidential State-owned Enterprise (SoE) Council, whose establishment has been approved by Cabinet, will be split between Ministers, as well as business people, experts and stakeholders. Speaking in Parliament during the debate... 

Ramaphosa amends rules of State capture inquiry

By: African News Agency      23rd March 2018 President Cyril Ramaphosa's office said on Friday he has amended the rules of the commission of inquiry into state capture to make testimony before it admissible in criminal proceedings, with the exception of where a witness may incriminate him or herself. The amendment to regulation 8(2) of the... 

State capture inquiry team announced

By: African News Agency      7th March 2018 Chair of State capture commission of inquiry Deputy Chief Justice Raymond Zondo on Wednesday announced key appointments to the inquiry, which included former auditor general Terence Nombembe. Nombembe, who is now chief executive of the South African Institute of Chartered Accountants, will head a... 

Werksmans questions Transnet's statement about 1 064 locomotive procurement report 

By: Simone Liedtke     16th February 2018 Law firm Werksmans Attorneys on Friday said it was surprised at State-owned Transnet board's attempt to absolve anyone of wrongdoing when its report into alleged fraud related to the procurement of 1 064 locomotives, had concluded that, not only should Transnet institute appropriate disciplinary... 

Transnet not taking immediate disciplinary action following ‘inconclusive’ Werksmans report 

By: African News Agency      16th February 2018 South African state entity, Transnet, said on Thursday that it would not be taking any disciplinary action at this stage or suspending any officials implicated in the 1064 locomotives scandal due to the inconclusive nature of the forensic report. Transnet last year appointed Werksmans Attorneys... 

Zuma releases State capture inquiry regulations

By: News24Wire      9th February 2018 President Jacob Zuma released the regulations for the judicial commission of inquiry into State capture, said Justice Minister Michael Masutha. Masutha announced on Friday that Zuma's regulations have been published in the Government Gazette on February 9. 

No immunity for Zuma – Ramaphosa tells ANC caucus

By: News24Wire      8th February 2018 African National Congress (ANC) president Cyril Ramaphosa has told the party's Parliamentary caucus that immunity from prosecution for President Jacob Zuma is not part of their "transition" discussions. He also assured the MPs that the talks would be concluded in a "day or two". 

Chamber welcomes publication of terms of reference for State capture inquiry

By: Creamer Media Reporter      26th January 2018 The Chamber of Mines (CoM) has welcomed the publication of the much-anticipated terms of reference for the State capture inquiry. The terms, published earlier this week, enabled Deputy Chief Justice Raymond Zondo to start the Commission of Inquiry into State capture, which is expected to take 180... 

Ramaphosa says State capture probe will go to the 'depths' of corruption 

By: African News Agency      25th January 2018 South Africa Deputy President Cyril Ramaphosa on Thursday described the pending commission of inquiry into State capture as a "huge plus", as "we are now going to go to the depths of what corruption has been taking place in our State-owned enterprises". Ramaphosa was speaking during a press... 

State capture commission must investigate all State corruption, focus on Guptas

By: News24Wire      25th January 2018 President Jacob Zuma wants the State capture commission of inquiry to investigate all forms of government corruption, including allegations against him, his Cabinet ministers, the Gupta family and State-owned entities. In the terms of reference seen by News24, Zuma says the commission must... 

Justice department to release terms of reference for State capture inquiry, not Presidency – spokesperson

By: News24Wire      24th January 2018 The Department of Justice, and not the Presidency, will release the terms of reference for the much-awaited commission of inquiry into State capture, the Presidency said on Tuesday. However, the Presidency did not say when, but stated it would be "soon". 

I can start State capture inquiry as soon as Zuma gives me terms of reference – Judge Zondo

By: News24Wire      23rd January 2018 Deputy Chief Justice Raymond Zondo, who will chair the commission of inquiry into allegations of State capture, says he is ready to get going, but still needs to receive the terms of reference from President Jacob Zuma. During a press briefing in Midrand on Tuesday, Justice Zondo told reporters... 

Deputy Chief Justice Zondo to hold briefing on State capture inquiry

By: News24Wire      23rd January 2018 Deputy Chief Justice Raymond Zondo is expected to reveal further details of the commission of inquiry into allegations of State capture at a briefing in Midrand on Tuesday as the State takes steps against some of the people implicated in the claims. On January 9 this year President Jacob Zuma... 

Industry heavyweights praise State capture inquiry head appointment

By: Megan van Wyngaardt     10th January 2018 South African business and industry on Wednesday lauded the appointment of Deputy Chief Justice Raymond Zondo to head the commission of inquiry into State capture. This followed President Jacob Zuma's decision on Tuesday to appoint a commission of inquiry following an order issued by the North... 

Eskom welcomes ConCourt judgment around Koeberg tender

By: Megan van Wyngaardt     21st December 2016 Eskom on Wednesday welcomed the decision by the Constitutional Court to dismiss the application by nuclear services provider Westinghouse to review the award of the tender for the replacement of the six steam generators at the Koeberg power station, in Cape Town. Eskom had, in June 2012, called... 

SCA ruling moves Mittal, Kumba dispute a step closer to resolution 

By: Terence Creamer     28th March 2013 The long-running iron-ore dispute between ArcelorMittal South Africa (Mittal) and Kumba Iron Ore took a step towards resolution on Thursday, when the Supreme Court of Appeal (SCA) dismissed an appeal by Imperial Crown Trading 289 (ICT) and the Department of Mineral Resources (DMR) against a 2011... 

Mittal sets aside more than R20m to explore N Cape iron-ore prospect

By: Terence Creamer     10th May 2012 JSE-listed steel producer ArcelorMittal South Africa (Mittal) has confirmed the acquisition of nearly 20% of an iron-ore exploration project in the Northern Cape province. CE Nonkululeko Nyembezi-Heita reported on Thursday that early stage exploration activities, which would be fully funded by... 

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