A special deal granted to thousands of Zimbabweans, who were allowed to enter SA without documents, will stop at the end of year, a Cabinet spokesperson said yesterday.
SAA paid R68m to auditing firm Ernst & Young over the past four years to scrutinise its books and check waste and fruitless expenditure, but the auditing failed to detect gross wastage of SAA money by Ngqula, says a report in The Times.
Deputy National Police Commissioner Hamilton Hlela and two of his subordinates have resigned in the middle of a probe involving contracts totalling more than R4bn in his department, says a report in the The Sunday Independent.
One of SA's biggest wine companies is suing its former export director for R12m and has laid criminal charges against him over an alleged eight-year fraud that saw him sell 'fake' wines to overseas clients under its name.
The eThekwini municipality has misused supply chain management policy to award more than R1bn in contracts to select companies in the past financial year, says a report on the IoL site.
Poverty, unemployment and rising food prices pose a greater economic threat to SA than corruption, analyst Shawn Hagedorn warns in a report on the Moneyweb site.
A court in Niger has charged ex-Finance Minister Ali Lamine Zene with corruption for suspected embezzlement and has released him on bail, says the politician's lawyer.
Botswana's Government has charged its former Defence Minister with corruption, says a report on the News24 site. It says a court in Gaborone charged Ramadeluka Seretse yesterday for failing to disclose his position as a shareholder in a company that was awarded a government contract.
The Afghan Government intervened to shore up a deeply troubled bank on Tuesday, sending shock waves through the capital Kabul and prompting fears that Afghanistan's pervasive corruption had now put the country's entire financial system at risk, reports The New York Times.
Michael Klein, the respected former Citigroup banker, was paid $10m to advise Barclays on its purchase of Lehman Brothers' US brokerage at the height of the credit crunch.
With corporate governance being at the top of mind for most organisations today, protecting those that come forward is of utmost importance. In this spirit KPMG South Africa has, for over ten years, maintained an anonymous Ethics Hotline to allow KPMG clients and employees to report potential or suspected violations of ethical standards or applicable laws and regulations.