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Full Speech: Gordhan’s most critical budget yet, can he stop the junk?
In what’s been labeled his rubicon moment, Praving Gordhan presented the country’s annual budget in parliament today. Below is the full script of how Gordhan plans to save the South African economy...
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Gideon du Plessis: Highveld Steel – an anti-SA agenda – tale of tragedy, treason
My first exposure to Evraz Steel was interviewing the Russian super-model lookalike who was sent to SA as the “spokesman” when the company first acquired Highveld Steel. It was during the early days of...
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Mailbox: Hey Gwede, here’s some tips for your Zupta investigations.
From Biznews community member Daniel Sutherland: If you are a South African, the Zuptas are making money out of you. Just a friendly reminder that the Zuptas are making money out of YOUR pocket. If you...
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Department of Energy in quandary as US solar giant files for bankruptcy...
In this in-depth analysis EE publishers unpacks the fallout faced by the Department of Energy after international solar giant Edison filed for Chapter 11 bankruptcy protection. Chris Yelland and Pierre...
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Mailbox: The Great Zupta, IDC con. Worthless Shiva mine now valued at R14.7bn.
From Biznews community member Daniel Sutherland A brief history of the Dominion mine is that it was first owned by Aflease, and then by Uranium One. An extensive and professional feasibility study on...
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Dear Pravin: Is SA cash flush? Why ministers ignoring potential investment?
From Biznews community member Norman Stewart South African Finance Minister Pravin Gordhan. To Finance Minister Pravin Gordhan As they say if you want something done give it to someone who is busy and...
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Lawrence McCrystal: NPA’s folding shows SA’s wicked forces now in retreat.
Back in the days when the Industrial Development Corporation was building great future companies like Sasol and Kumba, Dr Lawrence McCrystal played an important part as a member of the directorate. An...
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Force for good? Asset manager Futuregrowth, IDC back in business after SOE...
Andrew Canter Futuregrowth Asset Management caused a stir after it announced that it was suspending lending to State-Owned Entities (SOEs) earlier this year. At the time, CEO Andrew Canter highlighted...
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Zupta “asset” Molefe quits IDC board; one step closer to Treasury?
From Fin24 Cape Town – Former Eskom CEO and recently sworn-in MP Brian Molefe has quit the board of the Industrial Development Corporation. Brian Molefe His resignation is effective from January 25...
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IDC risks losing millions as Oakbay announces end of JSE trading
By Matthew le Cordeur, Fin24 Cape Town – Oakbay Resources and Energy has officially been given permission to voluntarily delist from the JSE after failing to secure a transfer secretary and sponsor....
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Warts and all: Pro-Zupta Manyi described as ‘birthday present’ for ANN7
JOHANNESBURG — It didn’t take long for analysts yesterday to deconstruct pro-Zuma supporter Mzwanele Manyi’s ‘purchase’ of ANN7 and The New Age from the Guptas. Manyi’s shelf company Lodidox ‘bought’...
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ANC acolytes and the multi-million rand IDC, PIC loans
Veteran journalist Ed Herbst JOHANNESBURG — When it comes to dishing out loans in South Africa, the IDC and PIC have had rather questionable records as highlighted by Ed Herbst in this piece below. One...
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Dunking computer servers in liquid oil: SKA scientist breaks new cooling ground
JOHANNESBURG — The Square Kilometre Array (SKA) project is set to help scientists peer further into space than they’ve ever done before. The project, which is based in South Africa’s Northern Cape and...
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Another ‘up yours’ to Guptas: Patel DEMANDS Oakbay pay R293m to IDC like...
James Gubb’s stock market protest art against Oakbay and the Guptas. JOHANNESBURG — Stock market artist James Gubb was the first to give Oakbay the ‘middle finger’ in a series of trades earlier this...
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Dear Pravin: Is SA cash flush? Why ministers ignoring potential investment?
From Biznews community member Norman Stewart South African Finance Minister Pravin Gordhan. To Finance Minister Pravin Gordhan As they say if you want something done give it to someone who is busy and...
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Lawrence McCrystal: NPA’s folding shows SA’s wicked forces now in retreat.
Back in the days when the Industrial Development Corporation was building great future companies like Sasol and Kumba, Dr Lawrence McCrystal played an important part as a member of the directorate. An...
View ArticleClik here to view.
Force for good? Asset manager Futuregrowth, IDC back in business after SOE...
Andrew Canter Futuregrowth Asset Management caused a stir after it announced that it was suspending lending to State-Owned Entities (SOEs) earlier this year. At the time, CEO Andrew Canter highlighted...
View ArticleClik here to view.
Zupta “asset” Molefe quits IDC board; one step closer to Treasury?
From Fin24 Cape Town – Former Eskom CEO and recently sworn-in MP Brian Molefe has quit the board of the Industrial Development Corporation. Brian Molefe His resignation is effective from January 25...
View ArticleClik here to view.
IDC risks losing millions as Oakbay announces end of JSE trading
By Matthew le Cordeur, Fin24 Cape Town – Oakbay Resources and Energy has officially been given permission to voluntarily delist from the JSE after failing to secure a transfer secretary and sponsor....
View ArticleClik here to view.
Warts and all: Pro-Zupta Manyi described as ‘birthday present’ for ANN7
JOHANNESBURG — It didn’t take long for analysts yesterday to deconstruct pro-Zuma supporter Mzwanele Manyi’s ‘purchase’ of ANN7 and The New Age from the Guptas. Manyi’s shelf company Lodidox ‘bought’...
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