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Purge threatens state agency

Exodus of executives at government-owned animal vaccine producer as staff walk out in row over new CEO

Mcebisi Mlonzi’s company, Kwane Capital (formerly Laman) has contracts with various municipalities. (Delwyn Verasamy/M&G)

Fraud accused: Contract breach SIU’s fault

Mcebisi Mlonzi is blaming the Special Investigating Unit (SIU) for allegedly providing bad advice to the Amahlathi local municipality

Stop gap: Martin Kingston of Business for South Africa. (Paul Botes/M&G)

Procrastination hasn’t helped SAA

Taking tough decisions was always a political risk. But now it may be too late for business rescue

Government to place ailing SAA under business rescue

The move potentially draws a line under the crisis — if a rescuer can be found

​More arrests: E. Cape businessman, top former municipal official nabbed for fraud

Crackdown follows trend of top officials allegedly looting millions

Troubling: Mcebisi Mlonzi’s company, Kwane Capital (formerly Laman) has contracts with various municipalities. (Delwyn Verasamy/M&G)

More Kwane Capital contracts red-flagged in Eastern Cape

The company has contracts with various municipalities

Revamped Cara-Cara: The VW Caravelle comfortably ferries family and friends. And it has plenty of features — including a table in the cabin and a mini fridge in the boot. Just don’t mention the fuel consumption

New Caravelle sails along in comfort

No comfort is spared — what you can to expect from a R900 000-plus vehicle

Thandeka Mgoduso confirmed her appointment by Gordhan on November 19, adding that current acting CEO Zuks Ramasia would remain in her position. (Daniel Born/The Times/Gallo)

Gordhan announces an executive chairperson for crisis-hit SAA

‘Unique’ situation effectively gives airline two CEOs

The aircraft were meant to be used for travel for former president Jacob Zuma and his then deputy Kgalema Motlanthe.

Military’s R500-million plane contract — for no planes

Even though no planes were ever supplied, a company wants hundreds of millions of rands from the military for a contract to supply two aircraft

Thandeka Mgoduso confirmed her appointment by Gordhan on November 19, adding that current acting CEO Zuks Ramasia would remain in her position. (Daniel Born/The Times/Gallo)

SAA strike is a lose-lose situation

The industrial action will cost the airline R52m a day. But the unions are angry about more than money

Aside from mounting a financial rescue operation at Eskom, the government will give another R1 billion to SAA before the end of the current financial year towards paying off the airline’s historical debt.
 (Delwyn Verasamy/M&G)

SAA to shed 944 jobs but pilots get pay rise totalling R100m

Three unions in the middle of negotiating wage increases say the airline had not told them of its decision to retrench staff

Bilateral relations: President Cyril Ramaphosa visited Saudi Arabia last year; R10-billion of investment was raised.  (Kopano Tlape/GCIS)

Denel’s secret R6.3bn export deal

The state defence company is fired up about the large contract but is keeping mum on the details

Regulated: Nkululeko Poya faces allegations of corruption and maladministration

Ties that bind: The Poya and Mantashe family link

The department of mineral resources and energy did not explain why the former Railway Safety Regulator CEO, Nkululeko Poya, was appointed to the CEF

Infidelity: Justice department director general Vusi Madonsela was not told by chief financial officer Lorraine Rossouw that his predecessor Nonkululeko Sindane had not supported the cancellation of the initial tender. (Alet Pretorius/Gallo Images)

Bid for justice over R1.2bn tender

Government officials have been accused of interferring in the process of selecting and awarding a contract for security services at courts

Public Enterprises Minister Pravin Gordhan. (David Harrison/M&G)

What did Gordhan’s Eskom plan really mean?

The new Eskom plan still lacks too much detail to give any real insight into how the utility survives

Former Railway Safety Regulator (RSR) chief executive officer Nkululeko Poya.

A former CEO who is facing criminal charges has been appointed to the CEF board

Nkululeko Poya admitted to spying on a journalist and his former colleagues — now he’s been appointed to the board of a parastatal

On the coal face: Eskom’s maintenance has fallen by the wayside under political pressure.  Plant breakdowns and coal supply problems put the grid under strain and necessitate load-shedding. (Paul Botes/M&G)

Why the power was turned off

Eskom workers say they knew two weeks ago that the power crash was coming, but maintenance problems have been consistently overlooked

For Prasa, late buses and trains are not uncommon.
Autopax has been bleeding money for years, with attempts to fix its finances falling by the wayside. (Delwyn Verasamy/M&G)

Another multimillion-rand Johannesburg contract set aside

Threats of legal action force a contract set aside which could have seen second-hand equipment supplied to the city

Stop gap: Martin Kingston of Business for South Africa, backs the effective but safe use of retirement funds and savings. (Paul Botes/M&G)

SAA set for showdown with labour

Unions cite board apathy and lack of communication as they prepare for a strike that could cripple the state airline’s operations

It could not be immediately established why Vuyi Raseroka was placed on suspension. (Image: Mikail Hansa)

Yet another SAA exec suspended

Vuyi Raseroka is the latest executive at the crisis-prone airline to have their wings clipped