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Firms linked to Guptas got 49 bn rands irregularly from parastatal corps

A host of companies linked to the controversial Gupta brothers received a total of over 49 billion rands in irregular payments from a number of parastatal corporations, a witness has claimed at the Commission of Inquiry into State Capture.
Ajay, Atul and Rajesh Gupta have been accused of siphoning billions of rands from state-owned corporations through their alleged closeness to former South African president Jacob Zuma.
Paul Edward Holden, a researcher with the London-based Shadow World Investigations, explained that hundreds of financial transactions and bank statements were studied to arrive at the detailed conclusions about the sources of funds and the companies used in the money laundering that are listed in the report. ....

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Liquid Telecom rebrands as it goes hi-tech

Liquid Telecom, formerly known as Kenya Data Networks (KDN), has unveiled its new brand identity. ....

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Raxio Launches Uganda's First Tier III Certified Carrier-Neutral Data Centre – CIO East Africa

The data centre brings the “metro edge” data centre model to Africa, allowing for the exchange of data traffic in facilities located close to urban centres in state-of-the-art, hyperscale-ready environments.
James Byaruhanga, the General Manager of Raxio Data Centre said, “Construction of our flagship facility has been a long but rewarding journey to this point that we are launching operations. Raxio Data Centre is a dream come true, with our Tier III certification from the Uptime Institute we believe that this facility will be a bedrock for increased economic development in Uganda as it will attract several opportunities for colocation not only regionally but also internationally. We look forward to the positive impact of our facility across the enterprise and SME markets and on key industries such as financial services, content, and media. ....

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Raxio Launhes Uganda's First tier 111 Certified Carrier-Neutral Data Center – CIO East Africa

Raxio Launhes Uganda's First tier 111 Certified Carrier-Neutral Data Center – CIO East Africa
cio.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cio.co.ke Daily Mail and Mail on Sunday newspapers.

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'Firms linked to Guptas in S Africa got 49 billion rands irregularly from parastatal corporations'

'Firms linked to Guptas in S Africa got 49 billion rands irregularly from parastatal corporations'
dailyexcelsior.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexcelsior.com Daily Mail and Mail on Sunday newspapers.

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