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Strict bail conditions: Businessman Rafik Mohamed has been charged with fraud, theft and contravention of the Companies Act. Photo: Screenshot

Rafik Mohamed out on bail

Ongoing investigations linked to SA Steel Mills

The country’s financial systems, especially international transfers, must be fit for purpose in the digital age. Photo: File

Greylisting is a symptom. South Africa’s real crisis is dysfunction without consequence

Financial crime governance should be happening in the boardroom and the legal and financial fallout from the lack of enforcement is becoming increasingly serious

Neglected: Residents of social housing development Sondela Village in Gauteng have been forced to pay for refuse to be removed. (Delwyn Verasamy/M&G)

Hijackers seize R118m state social housing project

The development, which consists of more than 400 units, is deteriorating after having been taken over by ‘illegal’ landlords

The PwC report, which tracked executive director remuneration trends in 285 companies, found that there were only 81 women executives among the 725 people whose pay was analysed. (Oupa Nkosi)

In South Africa, only 5% of chief executives are women

Only 5% of chief executives are women and the gender pay gap is most pronounced in the top JSE-listed companies, according to a PricewaterhouseCoopers (PwC) report released on…

Businessman Andile Ngcaba, the former chairperson of South African-based technology company Dimension Data, has brought a lawsuit against the company for over R400 million for unequal remuneration.

Unequal pay case in South Africa puts spotlight on how boards run their affairs

The case raises interesting questions about how board committees work, the taking of minutes, and who has access to board minutes

Reality check: Pravin Gordhan has revealed plans to get state-owned
entities into better order. Photo: Halden Krog/Bloomberg/Getty Images

Gordhan on SAA, political interference and moving SOEs out of his department

The minister addresses the future of the country’s state-owned entities and speculation they may be moved from his portfolio

Harith General Partners, one half of the consortium that will take over SAA, has come under scrutiny since the announcement of the national carrier’s new majority shareholder.

SAA creditors give go-ahead on rescue plan

Unions and staff representatives have agreed to severance packages for about 2 700 employees who will lose their jobs.

SAA is about to be closed, which will pave the way for a new airline. (Delwyn Verasamy/M&G)

SAA rescue costs us social reforms

As with the ban on SAA flying to the United States in 1986, political pragmatism will eventually be trumped by economic realities

Airline gets another chance as rescue practitioners and Gordhan agree to work on a rescue plan by the end of June
(Delwyn Verasamy/M&G)

SAA workers told not to return to work next month

The airline’s employees in Durban have been told to join the unemployment queue on March 1 because the city’s route will be closed at the end of February

Trevor Manuel
1996 – 2009. (Nicholas Kamm/AFP/Getty Images)

Manuel: Moyo is welcome… to drink coffee

The on-again-off-again Old Mutual chairperson does not have access to his office

Old Mutual argues that a clause in Peter Moyo’s employment contract does not stipulate a “contractual requirement to follow a fair process to provide just cause or a fair reason for termination.” (Gallo/Sunday Times/Moeletsi Mabe)

Old Mutual says Moyo can’t return because he is busy suing them

The financial services company seeks to overturn Moyo’s reinstatement as CEO, citing the breakdown of relationship between Moyo and the board

Kamal Vasram is the sole shareholder and director of the Vrede dairy farm project. (Rian Horn/M&G)

Estina trial adjourned, magistrate set to decide on lengthy postponement

They were arrested and charged with fraud, theft, conspiracy to commit fraud and theft as well as contravening several Acts

Rory Voller isn’t afraid to probe matters linked to state capture

Agency moves in on parastatals

With ‘political support’ and free of budget constraints, the companies registrar is making trouble for supposed untouchables

Fight or flight: Pravin Gordhan is studying the CIPC’s finding that Dudu Myeni fibbed about an aircraft deal. Photo: Dion Raath/Gallo Images/Rapport

​An old lie catches up with SAA’s Dudu Myeni

The registrar says the SAA chair contravened the Companies Act by misrepresenting a board decision

Rebuilding South African cricket

CSA’s Khan: board has time to learn Companies’ Act

Cricket SA’s (CSA) acting president, AK Khan, says the federation’s board has not left it too late to familiarise itself with the Companies’ Act.

I’m innocent

CSA’s tearful Majola only followed Bacher ‘precedent’

CSA chief executive Gerald Majola broke down several times as he gave evidence to the ministerial committee on Tuesday.

New Companies Act could yield more lawsuits

More litigation around the fair value of offers could be seen due to the takeover regulations of the new Companies Act, say attorneys.

‘Compliance must not overlook rural branches’

Compliance with data protection legislation has come under the spotlight since the implementation of consumer protection and personal protection Acts.

I’m innocent

Sascoc advises CSA about audit findings on Majola

Cricket South Africa has been advised on how to tackle the findings of a forensic audit, Sascoc chief executive Tubby Reddy says.

Unease over Canyon liquidation delay

Concerns have been raised about why the office of the Master of the High Court did not appoint a liquidator to take over Canyon Springs Investments 12