The payment was flagged by a group of Deloitte SA trainees during a routine audit of the trade creditors of telecoms firm Neotel. An amount of R36-million excluding VAT had been earmarked for payment ...

Transnet bosses played ping-pong with a lucrative deal, one with potentially catastrophic consequences for the business, until it was finally awarded to telecommunications company Neotel back in 2015.

The movement of large amounts of money into and from the Homix account should've raised eyebrows at Standard Bank, the state capture commission heard. Despite the movement of huge funds, which would ...

Evidence of millions flowing to a Gupta company has tied the family directly to an apparent racket of shaking down companies that sought state contracts. For more than a year, amaBhungane has ...

Former Transnet employee Gerhard van der Westhuizen says he cannot understand the value that a Gupta-linked letterbox company added to a deal brokered between Transnet and Neotel - for which it was ...

On Friday, Neotel confirmed to amaBhungane that its chief executive and chief financial officers were on special leave pending an investigation into the payment of “commissions” to clinch Transnet ...

Johannesburg - Neotel says its CFO has stepped down from the board with effect from Monday following his placement on leave while it investigated the Homix scandal. Neotel, however, has not accused ...

Cape Town – The letterbox firm Homix, which allegedly has links to the Guptas, contravened Exchange Control Regulations by presenting false documentation to Mercantile Bank when it tried to send ...

Gupta-linked companies that were used for kickbacks for state tenders donated R10 million to the ANC shortly before the 2014 elections, News24 reported. What makes this report noteworthy to the IT ...

The movement of large amounts of money into and from the Homix account should've raised eyebrows at Standard Bank, the state capture commission heard. Elijah Mazibuko of the Reserve Bank at the ...

Neither the Neotel board nor the company's lawyers, Norton Rose, neither its chief financial officer nor its chief executive, were able to explain to auditors Deloitte South Africa what exactly the ...