Edition:
United States

Alexander Winning

Exclusive: South Africa tries to recover over $23 million from SAP for 'unlawful' contracts

Aug 07 2020

JOHANNESBURG South African investigators are seeking to recover more than 400 million rand ($23 million) from German software firm SAP for two government contracts they allege were entered into unlawfully, court documents seen by Reuters show.

EXCLUSIVE-South Africa tries to recover over $23 mln from SAP for 'unlawful' contracts

Aug 07 2020

JOHANNESBURG, Aug 7 South African investigators are seeking to recover more than 400 million rand ($23 million) from German software firm SAP for two government contracts they allege were entered into unlawfully, court documents seen by Reuters show.

South Africa's Denel ordered to pay outstanding salaries by Friday

Aug 04 2020

JOHANNESBURG South Africa's Labour Court on Tuesday ordered state defence firm Denel to pay workers outstanding salaries for May, June and July by Friday, Aug. 7, a copy of the court judgment showed. | Video

South African corruption watchdog probes COVID-19 tenders

Aug 03 2020

JOHANNESBURG South Africa's anti-corruption watchdog said on Monday it was investigating irregularities in coronavirus-related tenders, the latest in a series of scandals that trade unions said showed the government's failure to tackle graft.

UPDATE 1-SAA rescue conditions met except state guarantee letter, administrators say

Jul 23 2020

* Administrators satisfied with promise to 'mobilise funds' (Adds detail, context)

South Africa has not committed to fund SAA rescue plan, finance minister says

Jul 21 2020

JOHANNESBURG The South African government has not committed to fund a restructuring plan for struggling South African Airways (SAA), Finance Minister Tito Mboweni said in court papers seen by Reuters on Tuesday.

South African Airways creditors approve rescue plan

Jul 14 2020

JOHANNESBURG South African Airways (SAA) creditors approved a rescue plan for the struggling airline on Tuesday that requires at least 10 billion rand ($596 million) in new funding, throwing the ball into the government's court to come up with the cash. | Video

South Africa set to make SAA funding commitment, official says

Jul 10 2020

JOHANNESBURG, July 10 The South African government is "on course" to provide a funding commitment for the restructuring of loss-making South African Airways (SAA), a senior official said on Friday.

S.Africa's Denel seeks to revise bailout conditions to survive

Jul 10 2020

JOHANNESBURG, July 10 South African state defence firm Denel may not survive the next few months unless the government lets it use some promised bailout funds to generate revenues rather than to repay debt, the chief executive said.

Botswana top vet defends investigations into unexplained elephant deaths

Jul 03 2020

GABORONE Botswana's top wildlife vet on Friday dismissed accusations from some conservationists that the government had not moved quickly enough to investigate the unexplained deaths of least 275 elephants. | Video

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