Hawks mounts pressure on Pravin, Zuma extends his powers over SOEs

Finance Minister Pravin Gordhan and four SA Revenue Services (SARS) officials have been summoned to the Hawks offices on Thursday for warning statements.

Gordhan stands accused of establishing a rogue investigation unit during his tenure as SARS Commissioner.

As the story develops, concerns have been raised over a report that President Jacob Zuma will have increased powers over state-owned entities. He will chair a Co-ordinating Committee to oversee state-owned entities which have been on a tight leash under Gordhan's time in Treasury.

Under the leadership of chairperson of the Jacob Zuma Foundation and South African Airways (SAA), Dudu Myeni, a R15 billion restructuring deal and a R603 million Airbus deal were cancelled by former Finance Minister Nhlanhla Nene and Gordhan.

Listen to the interview below:

In the context of other things going on, you can clearly that there is an attempt to weaken the Finance Ministry.

Carol Paton, Business Day journalist

This is the hyena guarding the chicken coup and that's exactly it. The big worrying factor about SOEs is that there's been no governance.

Carol Paton, Business Day journalist
Read More
UK takes action after report reveals 1 in 3 homeless people are abused

UK takes action after report reveals 1 in 3 homeless people are abused

The repert has also revealed that there are an estimated 190 000 people who are homeless and not receiving assistance.

Barack Obama scraps US surveillance systems on Arabs and Muslims

Barack Obama scraps US surveillance systems on Arabs and Muslims

The move comes after Donald Trump said he would introduce a registry to closely monitor immigrants in the US.

Private security firm that responded to FNB robbery, saw nothing untoward

Private security firm that responded to FNB robbery, saw nothing untoward

The bank has not disclosed the value of the safety deposit boxes that were stolen during the heist.

What's Bafana Bafana's future now that Mashaba is booted out?

What's Bafana Bafana's future now that Mashaba is booted out?

Mashaba was dismissed following a disciplinary hearing during his suspension in November.

Are you a victim of an online scam? Find out what to do next.

Are you a victim of an online scam? Find out what to do next.

A client was a victim of an online phishing scam and managed find recourse after a call centre agent rejected his claim.

2016 news wrap: A look back at the stories that grabbed SA's attention

2016 news wrap: A look back at the stories that grabbed SA's attention

Barry Bateman spoke to Stephen Grootes to unpack the meaning behind the stories that dominated the headlines in 2016.

Popular articles
Getting to know MP, Dr Makhosi Khoza

Getting to know MP, Dr Makhosi Khoza

Dr Khoza is admired by South Africans for her role in the SABC inquiry as a ANC member of parliament.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.