Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag South Africa investigates over $7 billion in corruption at state-owned companies, including Transnet, Denel, Eskom, and PRASA.

flag South Africa investigates over $7 billion in corruption at state-owned companies, including Transnet, Denel, Eskom, and PRASA. flag Over 60 suspicious contracts and hundreds of conflict-of-interest cases are being investigated at Transnet alone, amounting to nearly $4 billion. flag The Special Investigative Unit (SIU) has been probing these cases since 2018 and highlights the scale of corruption over the past 15 years, including during former President Jacob Zuma's administration. flag The corruption has had severe economic consequences, such as significant disruptions to electricity supply at Eskom. flag President Cyril Ramaphosa has pledged to clean up the government and bring those responsible for corruption to justice, though anti-corruption experts doubt much of the lost funds will be recovered.

8 months ago
184 Articles