Why the SIU wants to appeal a court ruling blocking its probe into Telkom.

Loading player...
GUEST - GUEST – Professor Peter Goss - Managing Director : Fi-Fa-C & Professor of Practice in Forensic Auditing and Governance at the University of Johannesburg

The Special Investigating Unit (SIU) has filed papers to apply for leave to appeal the decision of the High Court of South Africa, Gauteng Division Pretoria, relating to the Unit’s investigation into the affairs of Telkom. Last month, the High Court ruled that Proclamation R49 of 2022 authorising the SIU to investigate allegations of serious maladministration, malpractice, and possible corruption in the affairs of Telkom was declared unconstitutional, invalid, and of no force or effect.

The High Court found that Telkom is not a state institution and, therefore, the SIU could not investigate allegations of serious maladministration, malpractice, and possible corruption in the affairs of Telkom. “After consulting with our legal team, the SIU is of the opinion that there is reason for an appeal,” the group said. “The court needs to give a fuller picture of what constitutes a State institution as this can set a legal precedent on which institutions the SIU can exercise its powers.” The SIU said it is important that the “state institution” issue be decided and settled.
16 Aug 2023 4PM English South Africa Business News · Investing

Other recent episodes

Surge in Fake Traffic Fine SMSes Prompts Warning from Fines SA.

GUEST: Barry Berman, CEO of Fines SA A growing wave of fake traffic fine SMSes is leaving South African motorists anxious, out of pocket, and still liable for legitimate fines. Barry Berman, CEO of Fines SA, unpacks the latest scam tactics being used by fraudsters who send urgent-looking messages claiming…
18 Dec 3PM 9 min

Crypto in 2025: The Year in Review.

GUEST: Christo de Wit, Country Manager at Luno As 2025 draws to a close, the cryptocurrency industry is no longer asking whether it belongs in mainstream finance, but how deeply it is already embedded. This year marked a decisive shift as digital assets moved from the fringes into the financial…
18 Dec 3PM 9 min

EKASINOMICS - How WASAA Is Reshaping South Africa’s Petrochemicals Sector

GUEST: Nokwanele Qonde – Founder & Managing Director, WASAA Group From LPG and logistics to chemicals, commodities and large-scale infrastructure, WASAA is quietly building one of South Africa’s most compelling black industrial success stories. In this conversation we unpack how a black-women owned petrochemicals company is driving growth through diversification…
17 Dec 2PM 26 min

Inflation Eases, But the Grocery Bill Tells a Different Story

GUEST: Johann Els – Old Mutual Group Chief Economist. South Africa’s inflation story is showing signs of relief but it’s not all good news for households. Headline consumer inflation slowed to 3.5% in November, its lowest reading in months, helped by falling fuel prices and a sharp drop in used…
17 Dec 2PM 27 min