Live Breaking News & Updates on R100m

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Hefty sentences for VAT fraud syndicate members

The Johannesburg high court on Monday sentenced a VAT fraud syndicate to a cumulative 205 years behind bars for 391 counts ranging from fraud, forgery, uttering, corruption and money laundering.

Johannesburg , Gauteng , South-africa , Rebecca-dube , Bongani-mbonani , Adam-phiri , Maxwell-ndlovu-mavudzi , Daniel-khanyile , Edward-shoniwa , Audrey-radebe , Christopher-dube , Phindi-mjonondwane

Residents scammed by fraudsters posing as BCM officials

Scammers in Buffalo City Metro are at it again — this time posing as metro officials to trick unsuspecting residents into paying them thousands of rand.

Buffalo-city-metro , Comment-policy , Businesses , Bcm , Scammers , Jabu-mangena , Dd100424bcmscammerszz , Samkelo-ngwenya , Ziyanda-zweni , Bcm-finance-department , Black-management-forum

National Empowerment Fund in push for more black businesses

The National Empowerment Fund says more black people should own and manage successful businesses if high unemployment and the cost-of-living crisis are to be addressed.

South-africa , World-war , Sunday-times , Nef , People , Mzi-dayimani , Bt , National-empowerment-fund , Busamed , Business-times , Free-state

'Corporate crooks must go to jail'

Stephen van Coller, former CEO of IT services group EOH, says the perpetrators of corporate corruption are being let off the hook while the businesses they brought to their knees, and those trying to save them, are kicked in the teeth.

South-africa , Stephen-van-coller , World-war , Sunday-times , Comment-policy , Eoh , Special-investigations-unit , Sa-revenue-service , Bt , Newsmaker , National-treasury

Gauteng attracts investment and on track to fight crime: Lesufi

Gauteng has in the past year attracted more than R68bn in foreign investment from 261 companies and created about 23,000 jobs, premier Panyaza Lesufi said on Monday.

Johannesburg , Gauteng , South-africa , Tshwane , Limpopo , East-london , Eastern-cape , Panyaza-lesufi , Gauteng-cbds , Google , Or-tambo-international-airport , Huawei

Work halted on Settlers Way upgrade over nonpayment

Amid Buffalo City Metro’s well-documented cash flow problems, a major construction company has halted work on East London’s Settlers Way upgrade after the city failed to cough up millions of rand.On Friday, the JSE-listed WBHO confirmed that it had decided to down tools over the pay row.

East-london , Eastern-cape , South-africa , Settlers-way , Buffalo-city-metro , Comment-policy , Wbho , Problem , Samkelo-ngwenya , Bcm , Geoff-walton

Secrecy around surprise resignation of BCM Development Agency chair

The troubled Buffalo City Metro Development Agency has had a new blow after its chairperson Nolitha Pietersen quietly resigned from her job.

Nolitha-pietersen , Development-agency , Buffalo-city-metro-development-agency , Comment-policy , Resignation , Faku , Nomkhitha-zokufa , Bcm-development-agency , Eff , Sue-bentley , Bongani-fuzile , Nolitha

Sars investigator accused of misconduct in R116m Mol Pro fraud case

The National Prosecuting Authority is withdrawing charges — for the second time — against a company accused of tax fraud involving more than R100m after allegations of irregularities in an investigation by the South African Revenue Service (Sars).

South-africa , National-prosecuting-authority , African-revenue-service-sars , Mol-pro , Skiti-investigative , South-african-revenue-service , World-war , Sunday-times , Comment-policy , Mol-pro-consulting , Khothatso-moletsane

Webinar unpacks funding initiatives for missing middle students

The missing middle tertiary students may have finally found a place in the national education funding schemes but to effectively bridge the gap, planning, foresight and tangible mechanisms need to be in place.

Tshepiso-mametela , Ikusasa-student-financial-aid-programme-foundation-isfap , Comment-policy , Students , Ikusasa-student-financial-aid-programme-foundation , Sa , Vincent-motholo , Universities-sa , Phethiwe-matutu , Khaya-sithole , Isfap , Blade-nzimande

I'm not bragging, but ...

Those canapés on New Year’s Eve were to die for.

South-africa , World-war , Sunday-times , Degree-views , Roxy-robinson , Cara-frew , Josh-duhamel , Ken-howery , Jacques-kallis , Linda-mabhena-olagunju , Alan-ford