Turkcell seeking billions from MTN for Iran

mtniranTurkish cellphone company Turkcell has opened a lawsuit in South Africa against rival telecoms company MTN Group seeking damages for losses it says it incurred in Iran.

Turkcell filed a $4.2-billion lawsuit in Washington last year alleging the Johannesburg-based cellphone … Read the rest

‘My ANC donation in exchange for your government contract’

The KwaZulu-Natal government wanted a contract with a Cape Town-based Uruguayan businessman to be concluded quickly so he could make a donation to the ANC, the Mercury reported on Wednesday.

Former KwaZulu-Natal health MEC Peggy Nkonyeni allegedly told this to … Read the rest

70% of sales staff in South Africa see corruption, bribery in their company

Irregular financial reporting is becoming a worry for corporate South Africa with recent research showing a greater awareness among directors and senior managers of the practice. Other investigations are highlighting a growing mistrust among staff members in big companies and … Read the rest

Corrupt South African prosecutor arrested

The South African Police Service reports that yesterday, 8 October 2012, Ladysmith detectives arrested a 37-year-old Public Prosecutor at the Ladysmith Magistrates’ Court for corruption.

It is alleged that the prosecutor was working at a Traffic Offences court when he … Read the rest