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Parliament to visit Limpopo municipalities that invested in failed VBS bank

JOHANNESBURG, October 10 - South Africa's parliament committee on cooperative governance and traditional affairs will over the next two days visit municipalities in Limpopo...

EXCLUSIVE: Godongwana accused of spearheading Ramaphosa’s support-buying campaign

Africa News 24-7 Team ANC's head of economic transformation Enoch Godongwana, a staunch supporter of President Cyril Ramaphosa, has been having secret meetings with ANC...

VBS chairperson Tshifhiwa Matodzi’s chartered accountant membership cancelled

JOHANNESBURG, February 20 - The South African Institute of Chartered Accountants (SAICA) on Wednesday said that its disciplinary committee had ordered the membership cancellation of former...

Limpopo mayor resigns over VBS scandal

JOHANNESBURG, December 11 - Limpopo African National Congress (ANC) deputy chairwoman Florence Radzilani has resigned as Vhembe District Municipality mayor with immediate effect just...

KPMG reports ex-partner to police over bank scandal – sources

JOHANNESBURG - KPMG South Africa has reported a former partner to the police over his alleged role in a corruption scandal in which almost...

ANC says those implicated in the VBS looting should face the...

PRETORIA, 13 November - The African National Congress on Tuesday said that those who have been implicated in the VBS mutual bank scandal should...

High Court grants final order for VBS mutual bank to be...

JOHANNESBURG, 13 November - The North Gauteng high court on Tuesday granted a final order allowing an application by the South African Reserve Bank...

Motau predicts scant recovery of money lost in VBS fraud scam

PARLIAMENT, November 7 - Advocate Terry Motau warned on Wednesday that recovering money lost to fraud at VBS Mutual Bank would be a long...

Minister Mkhize refutes R2 million VBS cash to ANC

JOHANNESBURG, October 31- South Africa's Cooperative Governance and Traditional Affairs Minister Zweli Mkhize on Wednesday said he knows nothing about a R2 million cash...

Leaders implicated in VBS scandal should resign’, says ANC integrity commission

JOHANNESBURG, October 29 - The African National Congress (ANC) Integrity Commission has recommended that all party members and leaders implicated in the collapse of...


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