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Ray is a financial journalist passionate about public policy and property.

Ex-KPMG audit partner won’t budge on Irba’s dishonesty charge

Jacques Wessels faces sanctions over his audit of Gupta-linked entity Linkway Trading.

CompCom gets upper hand in forex rigging case

Following guilty plea by Standard Chartered in the US.

Two different Please Call Me innovations at play

The debate about who the real Please Call Me inventor is doesn’t consider that there are two different innovations by two competing companies, as courts have found.

New twist in battle over Please Call Me revenue generation model

Vodacom maintains that Please Call Me didn’t generate direct attributable revenue for the group while inventor, Nkosana Makate, rejects this.

Please Call Me inventor: ‘I haven’t agreed on anything with Vodacom’

Nkosana Makate has rejected Vodacom’s undisclosed compensation amount, adding a new twist to the protracted battle between both parties.

Gordhan’s first state-capture revelation: SA’s nuke deal

Public enterprises minister becomes the first sitting cabinet member to place Zuma at the centre of state capture.

Shareholder furore over Acsa’s Teflon man

Shareholders want the board to institute disciplinary action against corruption-accused CEO Bongani Maseko.

Nzimande wants Acsa to probe Gupta Waterkloof plane landing

Also requests probe into Oppenheimer family’s request to operate private terminal at OR Tambo airport.

Recompense for Steinhoff investors looks grim

Investors who lost billions when Steinhoff International’s share price collapsed might recoup as much as 20% from their initial investment.

CPS social grants dominance haunts Post Office

Expert panel wants to review social security agency’s decision to source all grant payment services from the state-owned entity.

Net1 accused of overstating financial losses in Sassa fee negotiation

The company’s plea for an increase to its social grant payments fee might be undermined by its profits.

PIC inquiry not just about Dan Matjila

Inquiry’s terms of reference in probing governance, corruption and mismanagement at the continent’s largest money manager are far-reaching.

Court nudges government on illegal deductions from social grants

Suggests the state ‘consider’ drafting legislation to protect beneficiaries.

State capture inquiry admits Gupta leak e-mails as evidence

The inquiry ruling also paves the way for witnesses to be questioned at the inquiry based on the e-mails.

Why the Bathabile Dlamini legal cost ruling is significant

Judgment indicates that public officials will be directly held to account for their delinquent and reckless actions.
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