Tag: Gupta state capture
Why did state capture happen?
In 1998, the new democratic Constitution put in place was claimed to be the best in the world. It promised a better life for all. According to this new Constitution, it was necessary for parliament to pass a certain amount of legislation in order to complete the constitutional process.
Eskom testimony at Zondo Commission points to key issues for directors
Testimony at the Zondo Commission relating to the prepayment of R1.68 billion to Tegeta, a company owned by the Gupta family, provoked strong words from Deputy Chief Justice Raymond Zondo. The whole incident illustrates how seriously directors should approach their duties. Justice Zondo suggested that the directors were negligent at best.
BOOK REVIEW | 50 People Who F***d Up South Africa
It took 350 years to come up with the list of shame for the original 50 People Who Stuffed Up South Africa, published to critical acclaim in 2010. But it’s taken only ten more years to come up with the next 50. From Shaun Abrahams to Mosebenzi Zwane, 50 People Who F***ed Up South Africa is filled with the architects and beneficiaries of state capture who have defined The Lost Decade.
BOOK REVIEW | Enabler or victim? KPMG SA and State Capture
What happens to an organisation when good governance and warning signs are ignored? The author had a ringside-seat at one of the worst financial catastrophes South Africa has seen and his new book Enabler or victim? KPMG SA and State Capture describes his experience as Chairman of KPMG during the turbulent period the firm experienced.
