https://www.polity.org.za
Deepening Democracy through Access to Information
Home / Podcasts RSS ← Back
Business|Financial|Resources
Business|Financial|Resources
business|financial|resources
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

Daily Podcast – November 30, 2022

Close

Embed Video

Daily Podcast – November 30, 2022

Image of Retired Chief Justice Sandile Ngcobo handing over report on Phala Phala saga to Parliament Speaker Nosiviwe Mapisa-Nqakula

30th November 2022

By: Leah Shelene Asaram
Features Reporter

ARTICLE ENQUIRY      SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

For Creamer Media in Johannesburg, I’m Leah Asaram.
Making headlines: Ramaphosa says he receives 'no remuneration' from Phala Phala, Joburg's new Financial Misconduct Board to 'fight corruption and theft of city's resources's and, ANC alliance partners say Waluś's release a slap in the face

Ramaphosa says he receives 'no remuneration' from Phala Phala

Advertisement

President Cyril Ramaphosa told the panel established by Parliament to examine allegations relating to the Phala Phala saga that he never drew a salary, and that he had declared his financial interests at all times.

Ramaphosa, a prolific game breeder and businessman, divested from his business interests in 2012 after he became deputy president.

Advertisement

He held onto his two farms – Ntaba Nyoni in Mpumalanga, that he has owned since the early 2000s, and Phala Phala in Limpopo, that has been in operation since roughly 2010.

In his submissions he said he is entitled to retain assets or financial interests where no conflict of interest would arise, if these are declared.

On Wednesday the Section 89 inquiry panel handed over the report to Mapisa-Nqakula, which consists of three volumes.

 

Joburg's new Financial Misconduct Board to 'fight corruption and theft of city's resources's

The City of Johannesburg has shortlisted independent candidates to serve on the Financial Misconduct Board (FMB).

The FMB is the city's disciplinary board, renamed and reconstituted, to fight corruption and the theft of the city's resources.

The council adopted it on 27 May, and candidates were shortlisted on Monday after calls to the public, which closed on 18 August 2022.

Joburg Mayor Mpho Phalatse said the new board was a further step towards getting the body working "to root out the theft of city resources by city and entity officials working for self-gain".

 

ANC alliance partners say Waluś's release a slap in the face

The ANC and its alliance partners, the South African Communist Party and the Congress of South African Trade Unions have said that the parole granted to Chris Hani’s killer Janusz Waluś is a slap in the face to the country’s democracy.

The alliance partners picketed at the Kgosi Mampuru II prison, on Wednesday, ahead of Waluś's release.
Waluś was stabbed by a fellow inmate at the prison on Tuesday but is in a stable condition.

SACP general-secretary Solly Mapaila said it is also important that Waluś reveals who actually sent him to kill Comrade Hani.

The picketing also comes after Hani’s memorial site was vandalised.

The alliance partners said while this was a provocation they remained calm.

 

That’s a roundup of news making headlines today
Don’t forget to follow us on Twitter [@PolityZA]

EMAIL THIS ARTICLE      SAVE THIS ARTICLE ARTICLE ENQUIRY

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here

Comment Guidelines

About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za