Business Day TV speaks to Gemcorp’s chief economist, Simon Quijano-Evans
The greenest energy is the energy you do not use, so there's no time to waste
Business grouping threatens court action over blanket power reduction on lines that hurts paying customers
Ipsos says 42% would vote for it in a national election now, down from 47% in the 2021 municipal election
The commission referred Mpact and New Era Packaging to the tribunal for prosecution for cartel conduct in 2019
July credit and debit card transactions and vehicle sales show us demand is strong
New survey highlights the gender imbalance that has overshadowed SA’s corporate sector for years
Aliko Dangote to lead a panel set up to find ways to cut resurgent malaria’s prevalence in Nigeria
England Test captain says he hopes his team has retained their “venom” before the three-match series against SA
Failing to reduce CO² emissions to set targets could cost the carmaker as much as $572m in penalties from US authorities
About R260m was paid to Gupta-owned media companies by the government, the state capture inquiry heard on Monday.
Treasury official Jan Gilliland was giving expert testimony at the commission, as part of the "story" regarding the Government Communication and Information System (GCIS).
Evidence leader Vincent Maleka said there were three parts to the GCIS story. The first part was told through former head Themba Maseko and the second through current government spokesperson Phumla Williams.
Maseko had testified about how Ajay Gupta had instructed him to ensure that GCIS’s R600m budget went to the family's media companies.
Gilliland said that after receiving information from the commission, he tracked payments made to the media companies through the basic accounting system (BAS) used by national and provincial government departments.
Gilliland said the system found 11 bank accounts linked to The New Age and Infinity Media.
He went through each bank account and the total payment r...
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email firstname.lastname@example.org or call 0860 52 52 00. Got a subscription voucher? Redeem it now
Would you like to comment on this article? Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.