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How Malusi Gigaba sold South Africa for a song

Malusi Gigaba’s role in State Capture was to weaken the governance structures of state-owned entities. His actions as the public enterprises minister nearly took South Africa down.

Roots of state capture still there at Denel, staffer claims

An employee at state arms manufacturer Denel is desperately trying to sell his remaining car to get money to pay some of his debts, including a bond that was last serviced eight months ago.

HILARY JOFFE: When CEOs are unseated, we should look to the chair

25 April 2021 - 05:05 By HILARY JOFFE Last year mining giant Rio Tinto s then CEO Jean-Sébastien Jacques and two executives were forced out by an investor backlash over the company s destruction of Aboriginal people s sacred sites in Australia to expand its flagship iron ore mine. Last month Rio Tinto s chair, Simon Thompson, took the fall for the fiasco too, saying he would step down in the next year. Don t hold your breath for anything like that in SA. Chairs and boards of SA s big companies have it easy when it comes to hiring and firing. This article is reserved for Sunday Times subscribers.

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