Eskom arrests over corruption; Bain manager turns; Rand shines, More land-reform details; Lesotho’s dagga plans
Loading player...
* Two senior ex-managers at Eskom and a number of other suspects have been arrested by the South African Police over allegations of fraud, corruption and money laundering at the Kusile power plant.
* A former partner at Bain’s South African business said he will testify at the Zondo Commission about the firm’s involvement in allegedly trying to facilitate corrupt dealings.
* The Rand surged to a 4-month high yesterday after ratings agency Fitch held off on pushing the country’s rating lower. South Africa avoided sub-investment grade holding on to the BB+ with a negative outlook.
* More details of the recommendations of the land-reform advisory panel that had been approved by Cabinet has been revealed but no details on land expropriation without compensation and the Ingonyama Trust and
* Lesotho wants to export dagga to the world.
* A former partner at Bain’s South African business said he will testify at the Zondo Commission about the firm’s involvement in allegedly trying to facilitate corrupt dealings.
* The Rand surged to a 4-month high yesterday after ratings agency Fitch held off on pushing the country’s rating lower. South Africa avoided sub-investment grade holding on to the BB+ with a negative outlook.
* More details of the recommendations of the land-reform advisory panel that had been approved by Cabinet has been revealed but no details on land expropriation without compensation and the Ingonyama Trust and
* Lesotho wants to export dagga to the world.
