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Tag: investigation

BMW shares plunge over emissions investigation

BMW shares fell after the luxury carmaker warned of a probable first-quarter charge exceeding 1billion (R15.87bn) related to an EU investigation into alleged collusion by German automakers to delay the rollout...

53 people exposed in South Africa’s great bank heist: Full report

A forensic investigation into the mass looting of VBS Mutual Bank has been completed, with investigators effectively finding that there is no way for the bank to be saved. The...

Cape Town announces investigation into R87 million foreshore deal

Mayor of Cape Town, Patricia de Lille, has requested a forensic investigation into the Foreshore land auction. In a statement on Sunday (30 September), de Lille said the site was...

South Africa to investigate water ministry amid severe drought

South Africa's parliament will conduct an inquiry into allegations of mismanagement at the water ministry, a senior lawmaker said on Friday, as the country's tourist hub Cape Town grapples with the...

South African regulator probing Steinhoff auditors to continue investigation

South Africa's Independent Regulatory Board for Auditors (IRBA) said on Sunday that following its initial review of Steinhoff's auditors Deloitte South Africa it would pursue further lines of investigation. The...

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Afrimat mines new seam

DURBANVILLE-based building materials producer Afrimat looks set to venture further into the mining sector with a proposal to acquire the South African operations of...

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