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Coal COO resigns after being fined for insider trading

Coal of Africa's COO, Michiel Jakobus Brönn, who was fined R350,000 earlier this month by the Financial Services Board's (FSB's) enforcement committee for insider trading, has resigned, the company said.

2 days ago

President considers new members of JSC
President considers new members of JSC

President Jacob Zuma is considering designating three new members of the Judicial Service Commission (JSC), says the Presidency.

2 days ago

Most favoured nation clauses come under competition authorities' scrutiny
Most favoured nation clauses come under competition authorities' scrutiny

The competitive impact of most favoured nation (MFN) clauses has been widely debated around the world over the past few years. MFN clauses have come under the scrutiny of EU competition authorities.

By Ahmore Burger-Smidt 2 days ago

Bogus pharmacist appears in court
Bogus pharmacist appears in court

Bogus pharmacist Miyelani Carol Maswanganyi (43) has appeared in the Hlanganani Magistrate Court in Limpopo on Wednesday, 22 March 2017, for operating a chemist without a licence.

3 days ago

Cocaine worth R2.6m seized at OR Tambo Airport
Cocaine worth R2.6m seized at OR Tambo Airport

Cocaine worth R2.6 million was intercepted during a search at OR Tambo International Airport, said the South African Revenue Service (SARS) on Wednesday, 22 March 2017.

3 days ago

BAT feels return of ASA's power
BAT feels return of ASA's power

Despite news reports, the Advertising Standards Authority (ASA) is alive and kicking, with no hint of it going anywhere, as it asserts its power in the British American Tobacco (BAT) case.

By Andrew Papadopoulos 3 days ago

Protected Disclosures Amendment Bill allows for whistleblowing on state
Protected Disclosures Amendment Bill allows for whistleblowing on state

Whistleblowers are a key element of anti-corruption measures within the workplace, as they are most likely to witness incidences of fraud, corruption and unlawful conduct first-hand and possess sufficient information to report the incident. The Protected Disclosures Amendment Bill (Bill) creates additional safeguards for whistleblowers and an environment in which whistleblowers may freely disclose information.

By Tony Canny and Krevania Pillay 22 Mar 2017

Eight people wanted for fraud, corruption
Eight people wanted for fraud, corruption

The East London Magistrate's Court has issued a warrant of arrest for eight people facing charges of fraud and corruption, the Hawks said on Monday, 20 March 2017.

22 Mar 2017

Three to appear in court over Chief Justice burglary
Three to appear in court over Chief Justice burglary

Three men arrested in connection with the recent burglary at the offices of the Chief Justice in Midrand will appear in court in Mamelodi today, 22 March 2017, Acting National Commissioner of the South African Police Service (SAPS), Lieutenant General Khomotso Phahlane, said on Wednesday.

22 Mar 2017

Coal's Makhado site. Source: Coal of Africa
Coal of Africa exec fined, suspended for insider trader

A member of Coal of Africa's (Coal) top management has been fined R350,000 for insider trading by the Financial Services Board (FSB) and was subsequently suspended by the company pending an internal investigation.

20 Mar 2017

Minister Gigaba: Migrants entitled to protection
Minister Gigaba: Migrants entitled to protection

Home Affairs Minister Malusi Gigaba says individuals visiting, transiting and residing in the territory of a country are entitled to the protection of the host country.

20 Mar 2017

Police Minister studying Hawks judgement
Police Minister studying Hawks judgement

Police Minister Nkosinathi Nhleko has noted a decision by the North Gauteng High Court to set aside the appointment of General Berning Ntlemeza.

20 Mar 2017

A contract is a contract, like it or not - SASSA ruling
A contract is a contract, like it or not - SASSA ruling

In our analysis on the hearing of the matter of Black Sash Trust v Minister of Social Development and Others, we cautioned that private entities would be well-advised to seek guidance and advice regarding the obligations they intend to undertake in terms of public sector tenders.

By Lionel Egypt, Sarah McGibbon and Yana van Leeve 20 Mar 2017