Tag: Zondo Commission

The Medium Term Budget Policy Statement (MTBPS) 2020 was tabled to Parliament on 11 November 2021 by South African Finance Minister Enoch Godongwana.

As long as government’s cadre deployment policy is defended, governance of South Africa’s state-owned entities (SOEs) will remain vulnerable and at risk. This is a reaction to the testimony of President Cyril Ramaphosa before the Zondo Commission of Inquiry into State Capture, who acknowledged that 'massive system failures' with board appointments paved the way for SOE failures. At the same time, the President defended cadre deployment.

I am perplexed as to why it should matter how the meeting between the ANC’s top 6 and former president Jacob Zuma went. They met him, apparently in an attempt to persuade him to comply with a court ruling and appear before the Zondo Commission of Enquiry. And they updated the country as if we should care.

Whereas there might be many faces to Jacob Zuma, most of them can be condensed into two primary themes. He is either the villain, ominous and threatening and openly defiant of the law, the NEC and of the wishes of the country; or he is the victim: wide eyed, picked on and singled out for very little reason.

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.

State capture, defined as 'seeking to influence the formation of laws in order to protect and promote influential private interests', and its resultant Zondo...

South Africa has faced many crises before, but the one we are now in has convoluted our collective thinking about what true leadership is all about. The political atmosphere in the country has deepened the leadership question and has resulted in creating a tense and protest-filled environment.

The recent Supreme Court case of Murray NO and others v African Global Holdings (Pty) Ltd concerned the group of companies known as the Bosasa Group, which has received much scrutiny under the Zondo Commission into State Capture.