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Day: September 19, 2018

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UDM backtracks on Bobani’s claim that he plans to deny service delivery to affluent areas

Nelson Mandela Bay mayor Mongameli Bobani has backtracked on his remarks calling for a halt to all service delivery to the municipalities affluent areas according to News24. Last week Bobani was caught on video declaring that the more affluent areas should get nothing. He further stated that if his deputy, Andile Lungisa, got complains about sewage […]

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Zwane threatened Nedbank’s license – demonstrating why SARB’s independence matters

Former mining minister Mosebenzi Zwane threatened Nedbank’s license to trade at a meeting with the inter-ministerial committee according to News24. Nedbank’s CEO testified before the inquiry into state capture that Zwane had told him that he found it strange that other banks had refused to meet with government, as he believed that banks receive their licence […]

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Gauteng High Court sides with Gordhan’s decision to sack Transnet’s Seth Radebe

IOL reports that Seth Radebe’s bid in the Gauteng High Court to get his job on Transnet’s board back – has failed. As has his bid to get rid of Transnet’s current board. Radebe had claimed that he was being racially targeted, as Arlana Kinley, a member of the audit committee who is white, wasn’t asked to […]

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