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james wood 1latest news & developments
Breakdown of trust: Riah Phiyega.
CAMAC

Camac’s US slump drags PIC down

Poor performance in New York calls the PIC’s valuation of the firm into question

  • James Wood 1
  • Stefaans Brummer
6 min read
With annual interest rates of as much as 60%, unsecured loan customers are struggling to repay as increasing fuel and power prices pushed inflation to a four-year high in August. (David Harrison, M&G)
ANC

Madonsela to probe R1-billion Capitec deal linked to ANC

Public protector Thuli Madonsela is to untangle the R1-billion Capitec empowerment deal web woven by a consortium with close links to the ANC.

  • Tabelo Timse &
  • James Wood 1
  • Stefaans Brummer
4 min read
With annual interest rates of as much as 60%, unsecured loan customers are struggling to repay as increasing fuel and power prices pushed inflation to a four-year high in August. (David Harrison, M&G)
AFRICAN NATIONAL CONGRESS

ANC could benefit from R1bn Capitec Bank bonanza

Free shares worth almost R1-billion in Capitec is what a consortium linked to financing the ANC has scored thanks to finance from two state bodies.

  • Tabelo Timse &
  • James Wood 1
  • Stefaans Brummer
14 min read
Tokyo Sexwale.
DAN GERTLER

Tokyo Sexwale and the DRC’s Mr Grab

A $150-million investment ties Tokyo Sexwale to a controversial Israeli businessman as he pulled off the "heist" of a prize mining asset in the DRC.

  • James Wood 1
  • Craig Mckune
  • Stefaans Brummer
9 min read