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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

A payment of R17.1 million has revealed how the notorious Gupta family directly benefitted from a highly suspicious transaction — and the evidence suggests that this may not have been the first time.

Gupta-linked advisory firm Homix earned R36m for virtually no work done in facilitating a deal between Neotel and Transnet, the state capture inquiry has heard. Testifying before the inquiry on Monday ...

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 ...