THE BOSASA BILLIONS: How the ANC sold its soul for braai packs, booze and cash | IOL Business Report

  • 📰 IOL
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

THE BOSASA BILLIONS: How the ANC sold its soul for braai packs, booze and cash

CAPE TOWN - James-Brent Styan, the author of “Steinhoff inside SA’s Biggest Corporate Crash” is at it again, this time with an offering entitled “The Bosasa Billions”.

Styan, who describes this as some of his best work yet, tells how President Cyril Ramaphosa - the man tasked with reforming the country- became entangled in the web himself, and how it sparked a political firestorm that has threatened to engulf his presidency. This is the story of how one company hijacked the state to establish an extensive tender network stretching right to the top of the ANC government.

Adv. Paul Pretorius chips in: “Stop there. That reference to Monopoly money . . .” Agrizzi lifts his left hand sideways, palm up and shrugs. He grins: “It was a frequent reference by Mr Watson. Cash was nothing in the company. It was just money. It was paper.” Zondo wants to know more. “Is there any special meaning to be given? Why is he referring to it as Monopoly money?”

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 46. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

BUSINESS MAVERICK: A good time to braai: SA meat prices floored by export banNow is probably a good time to stock up on steak or wors for the braai, and not just because the weather is warming up. Meat price inflation, according to Stats SA, was only 0.2% in July. But bread and cereal prices were up almost 8%, which could start eating into the budgets of lower-income households.
Källa: dailymaverick - 🏆 3. / 84 Läs mer »

86% of South Africans don't know what lazy money is - Capitec | IOL Business ReportA series of recent polls conducted by Capitec to gain consumers’ sentiment towards lazy money indicate that 86 percent of ...
Källa: IOL - 🏆 46. / 51 Läs mer »

Government looks at agriculture and tourism for jobs | IOL Business ReportGovernment has identified the agriculture sector and tourism as key industries in its efforts to arrest the runaway unemployment rate.
Källa: IOL - 🏆 46. / 51 Läs mer »