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FNB: Construction confidence index up

The FNB/BER civil construction index increased from 51 to 66 points for the fourth quarter of last year, First National Bank said on Wednesday. “The rise in confidence was mainly supported by a rec

DA wants answers on ‘mystery satellite’

There were many unanswered questions about a satellite reportedly commissioned eight years ago under the title “Project Flute”, the DA said on Sunday. “It is time, after more than eight years and R

Call to exclude Indians from BEE

The provincial task team set up to deal with violence aimed at Indian businessmen in the Phoenix industrial area, outside Durban, will hopefully dampen tensions even as more organisations join call

Row over R7.5m ICC tender

A R7.5 million contract to guard Durban’s International Convention Centre has ignited a battle between security companies, and a police investigation into the firm that won the tender. Some local s

Ex-staff sued by CEF over R1bn graft

The Central Energy Fund (CEF) has lodged a civil claim in the South Gauteng High Court against former senior officials who were implicated in the scandal over irregular expenditure of R1 billion an

State fails in confiscation order bid

The State should have conducted an investigation to determine the profit made by a convicted Richards Bay businessman from the R52 million government contract he was awarded with fraudulent documen

Arrest for R2m in kickbacks

A senior government official has been arrested for allegedly receiving more than R2 million in kickbacks from a Durban plant hire company that was awarded more than R300m in contracts to help repai

WC spent millions on advocates

Ten Cape Town advocates have received a third of R58 million the Western Cape provincial government spent on legal matters since 2009. The province has spent over R20m on these advocates. Western C

Decision on fraudster’s millions due

Convicted fraudster Ishwarlall Ramlutchman is fighting the State’s attempt to obtain a confiscation order forsee R52 million of his assets. The Richards Bay businessman’s counsel, advocate Jimmy Ho

Failing firm gets time

In an unusual move, the eThekwini Municipality intends to extend its contract with a liquidated company that has been operating the city’s parking meter system. This is according to papers before t

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