Economic justice

28 March 2019

Multiple reports stemming from testimony before the Zondo commission into state capture this week have claimed that R500 000 was paid by Bosasa CEO Gavin Watson through a front company to the "Andile Ramaphosa Foundation".

This testimony by Peet Venter, Bosasa's former auditor, has proven to be false, News24 found.

Venter's testimony relies on his personal knowledge – he was told by Watson this payment into an ABSA account named "EFG2" was for the Andile Ramaphosa Foundation.

The South African National Roads Agency has announced that it is suspending the process of pursuing e-toll debt. 

This after Sanral's board passed an urgent resolution on the matter on Tuesday. 

"It resolved that given the initiative led by President Cyril Ramaphosa to address the e-tolls payment impasse, Sanral will, with immediate effect, suspend the process of pursuing e-toll debt. This includes historic debt and summonses applied for from 2015. No new summonses will be applied for," Sanral spokesperson Vusi Mona said in a statement issued on Wednesday. 

27 March 2019 

President Cyril Ramaphosa's office has responded to testimony before the state capture commission of inquiry and as well as report published by News24 relating to his son, Andile.

In a lengthy statement issued on Wednesday, the president sought to clarify that an issue surrounding a R500 000 donation to his ANC presidential campaign by Bosasa CEO Gavin Watson held no correlation with a R2-million business deal Andile Ramaphosa had with Bosasa.
 

The most preferred destination for potential African emigrants is neither Europe nor the United States, as one would easily imagine, but another African country! This is according to research network Afrobarometer.

In business this week on The Morning Call, Amelia Martha Nakitimbo looks at the Afrobarometer survey which presents a different picture, in relation to the divisive migrant crisis, which has become a regular subject of news and hot political debates, especially in Europe.

22 March 2019 

The treasury in late 2017 blocked the extension of a suspicious contract that possibly could have prevented this week’s crippling load-shedding. It was found not to have met public procurement requirements.

Eskom is now investigating new irregularities picked up in a new attempt to restore the contract and to stave off load-shedding.