Everand Logo

Welcome to Everand!

  • City Press

    GODONGWANA accused of mismanagement

    Oct 25, 2020 4 minutes
    MSINDISI FENGU msindisi.fengu@citypress.co.za
    PHOTO: ANDREW
    HARNIK / AP

    Irregularities relating to the writing-off of debt incurred in loans, fronting and the victimisation of board members are among allegations that have rocked the Development Bank of Southern Africa (DBSA).

    At the centre of the uproar is DBSA board chairperson and ANC head of economic transformation Enoch Godongwana.

    He has been accused of enabling maladministration and deep-rooted corruption, and victimising board members who opposed his views.

    The allegations against Godongwana and the DBSA are contained in a letter sent on Friday by United Democratic Movement leader Bantu Holomisa to standing committee on public accounts (Scopa) chairperson Mkhuleko Hlengwa.

    Holomisa asked Scopa

    You’re reading a preview, subscribe to read more.

    More from City Press

    City Press3 min readPolitics
    Crackdown On E-toll Bills
    Thousands of Gauteng motorists who refuse to pay their e-tolls could be fined R500 every time they drive under a toll gantry from July next year. In addition, they will have to pay a R100 levy for every one of these fines. In the case of companies, t
    City Press3 min readCrime & Violence
    SIU findings ‘GARBAGE’
    Axed Gauteng health MEC Bandile Masuku has made an urgent court application to overturn Special Investigating Unit (SIU) findings against him, which led to Premier David Makhura removing him from his position. In the court papers, Masuku stated that
    City Press2 min read
    Celebrities support Nigeria
    Rihanna, Kanye West and Nicki Minaj are among the many celebrities who have come out to support protests against police brutality in Nigeria. But protesters hit out when Beyoncé spoke up. Protesters say that on Tuesday night in Lagos, men in army fat

    Related Books & Audiobooks