Brown ‘clarifies’ legal action order against McKinsey

Officials implicated in wrongdoing include acting chief financial officer Anoj Singh, former acting CEO Matshela Koko and former head of procurement Edwin ...

State entities need to look into their work with KPMG, says Malusi Gigaba

Recent developments show the importance of audit rotation, the finance minister says

EXCLUSIVE: Bloodbath looms at Eskom as new evidence points to criminal action

Documents cast light on new role players in the power utility’s R1.6bn deal with McKinsey and Gupta-linked Trillian

EDITOR’S LUNCHBOX: Of low pay and forbidden tips at Shoprite

It is now up to Malusi Gigaba to act, and how long will Dudu Myeni hang on?

Makhosi Khoza should have stayed in the ANC, stalwarts say

But they also say the former ANC MP has ‘shown a principled position above self-interest in the way she has approached her responsibilities within ...

Judge denies axed PetroSA directors’ bid to be reinstated

William Steenkamp and Owen Tobias were removed by the Central Energy Fund, PetroSA’s holding company, amid a long-running power struggle

SA goes online for €153m EuroMillions rollover

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DA takes the state capture fight to McKinsey — on home soil in London

Mmusi Maimane will ask the UK Serious Fraud Office to investigate the allegedly corrupt dealings of global consultancy firm, and will seek a full account from ...

Trustees of Gupta mines’ rehabilitation funds accused of letting the family use the money

‘Trustees of the trusts‚ until recently were directors of related companies in the Gupta-Oakbay group. Trustees must avoid conflicts of ...

‘I don’t think you love truth,’ Makhosi Khoza tells ANC’s Zizi Kodwa on TV

Khoza said ANC spokesperson Kodwa’s denial that the ANC had received her resignation‚ was a lie

Business Leadership SA suspends KPMG

‘BLSA recognises the considerable steps announced by KPMG to change its leadership … but cannot look past the gravity of their conduct’

Malusi Gigaba insists Dudu Myeni’s extended stay at SAA is legal

The finance minister’s view is at odds with the Companies and Intellectual Property Commission, and MPs will discuss it when the finance committee next ...

A2X’s value to top R14bn on Peregrine and ARC listings

A2X will be the third new exchange to go live in South Africa and challenge the JSE’s decades-old dominance

KPMG damage-control machine homes in on Gordhan and Jonas

And Reserve Bank governor Lesetja Kganyago is meeting financial institutions to discuss the fallout of a possible closure of KPMG SA

ANTHONY BUTLER: Pensions for patronage close to policy

"Throwing pensioners’ money at unreformed parastatals might buy crooked politicians some time, but it is an appalling ethical breach."

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Guptas’ chances of Bank of Baroda interdict are slim, judge says

The Guptas will still be able to pay staff once Bank of Baroda closes its accounts, says Judge Hans Fabricius

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LUNCH WITH THE FT: Margrethe Vestager on holding Silicon Valley to account and taking on cartels

Alex Barker

Over Danish herring smorrebrod, the cartel-busting EU anti-trust commissioner tells Alex Barker why big tech has a ‘special responsibility’

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Apple stores are not ‘town squares’ and never should be

Andrew Hill

Apple co-opting the organic, secular and spontaneous nature of traditional town squares as monuments to what it produces is arrogant, writes Andrew Hill

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FT BIG READ: Cryptocurrencies, to coin a craze — but is a bubble on the way?

Richard Waters

Promoters of initial coin offerings want to create a generation of internet platforms allowing users to bypass the likes of Google and Amazon, writes Richard Waters

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Germany — a test of compassion

Guy Chazan

When Angela Merkel opened the door to more than 1-million refugees, some believed it was an act of political suicide. Two years on, what happened to others caught up in the migration crisis, asks Guy Chazan

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Opinion

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EDITOR’S LUNCHBOX: Of low pay and forbidden tips at Shoprite

It is now up to Malusi Gigaba to act, and how long will Dudu Myeni hang on?

Read More

EDITORIAL: Bank flags imminent risks

The major takeaway markets and policy makers should heed is that key risks are now imminent, and substantial

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ANTHONY BUTLER: Pensions for patronage close to policy

"Throwing pensioners’ money at unreformed parastatals might buy crooked politicians some time, but it is an appalling ethical breach."

Read More

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