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ECONOMY-FINANCE

Home affairs blows R300 million

The department of home affairs has spent millions of taxpayers’ money on a contract to upgrade its population register system, but years later, the work has still not been done. The department paid the company EOH Holdings close to R300 million in 2017 to upgrade the Home Affairs National Information System (Hanis) to the Automated Biometric Identification System (ABIS), but nothing was done.

  16 days ago ago
Home affairs blows R300 million

POLITICS

Is Zizi Kodwa having sleepless nights as he awaits meeting with president Ramaphosa?

Embattled Deputy Minister in the Presidency responsible for State Security, Zizi Kodwa says he is not going anywhere as he faces an uncertain political future after Chief Justice Raymond Zondo on Friday called on President Cyril Ramaphosa to decide on his future. Zondo’s recommendation is a double-edged sword for Ramaphosa, who must act against some of his prominent ANC allies, including Kodwa, who played a key role in propelling him to power.

  3 months ago ago
Is Zizi Kodwa having sleepless nights as he awaits meeting with president Ramaphosa?

ECONOMY-FINANCE

Former Joburg mayor implicated in R100 million bribe

The hens have gotten back home to sear for past Johannesburg city administrator Geoff Makhubo. The Sunday Times uncovered that Makhubo accepted a section in a R100 million result. The sketchy arrangement was a very rare example allowed to tech goliath EOH, which had bankrolled Makhubo since he was monetary official of the ANC's Greater Johannesburg region.

  3 months ago ago
Former Joburg mayor implicated in R100 million bribe

POLITICS

Ramaphosa's Ally Say He Won't Go Down Without A Fight As Zondo's Report Calls For His Head

Zizi Kodwa has decided to take Zondo's report which wants him to be removed as the deputy minister on review head-on. According to Zizi Kodwa, the findings of the Zondo Commission are not based on any sound findings on law and no criminality against him. Kodwa said that the commission's init report said clearly that they are no evidence of impropriety, but it makes a political recommendation that it is based on anything.

  3 months ago ago
Ramaphosa's Ally Say He Won't Go Down Without A Fight As Zondo's Report Calls For His Head

POLITICS

Cyril Ramaphosa Advised To Remove His Ally With Immediate Effect; Will He Act ?

Because of his contaminated association with notorious businessman and former EOH CEO Jehan Mackay, the commission investigating state capture, led by Chief Justice Raymond Zondo, has recommended that President Cyril Ramaphosa consider Zizi Kodwa for the job of deputy minister of state security. Part 4 of the study, which was released on Friday, contains this information.

  3 months ago ago
Cyril Ramaphosa Advised To Remove His Ally With Immediate Effect; Will He Act ?

POLITICS

Will Ramaphosa Fire Zizi Kodwa As The Minister After The Zondo Commission Recommendations?

There are so many issues in the ANC and its various factions that we are aware of. In the party, it's widely accepted that some members are immune to prosecution simply because they support certain factions, while others are subject to legal action if they oppose those factions.

  3 months ago ago
Will Ramaphosa Fire Zizi Kodwa As The Minister After The Zondo Commission Recommendations?

JUSTICE

Eskom sets up legal team to tackle findings in state capture report

South African kingdom-owned electricity and utility company Eskom stated on Friday that it has set up a team of prison experts to cope with the findings presented inside the fourth a part of the country capture document. This, after the modern day bankruptcy of the report changed into acquired with the aid of the office of the President on Friday and includes the try and seize Eskom, JSE-listed EOH holdings and the National Treasury.

  3 months ago ago
Eskom sets up legal team to tackle findings in state capture report

POLITICS

Will Ramaphosa Fire Zizi Kodwa As The Minister After The Zondo Commission Recommendations?

Every one of us is aware of the ANC's myriad of internal and external squabbles. Those who belong to certain groups are considered untouchable while those who don't belong to those factions are persecuted, according to a belief in the party. Those who support Ramaphosa in the party are said to be highly regarded by the general public.

  3 months ago ago
Will Ramaphosa Fire Zizi Kodwa As The Minister After The Zondo Commission Recommendations?

ECONOMY-FINANCE

Exclusive: Investigation uncovers how EOH swelled its monetary record, piling up a R39m Sars debt.

https://www.iol.co.za/the-star/news/exclusive-investigation-reveals-how-eoh-inflated-its-balance-sheet-racking-up-a-r39m-sars-debt-ebc9da6b-724c-4f16-8511-000bb4226a34?utm_term=Autofeed&utm_medium=Social&utm_source=Twitter#Echobox=1638386063 A Star examination has uncovered a path of defilement at corporate monster EOH. The Star can only uncover EOH went into stealthy exchanges with one of its auxiliaries, Mehleketo Resourcing (Pty) Ltd. The exchanges occurred when Mehleketo was near the precarious edge of liquidation.

  8 months ago ago
Exclusive: Investigation uncovers how EOH swelled its monetary record, piling up a R39m Sars debt.

ECONOMY-FINANCE

Economy, Business and Career

Unloading the current year's the huge shopping day after Thanksgiving information with PayU SA - the biggest shopping day of the year exchange information is the focal point of this version of the Work Day Spotlight. Our host Mudiwa Gavaza is joined by Karen Nadasen, Chief of fintech organization PayU SA and seat of the Internet business Discussion of SA.

  4 months ago ago
Economy, Business and Career

EDUCATION

Sisulu welcomes R400m SIU tender probe||Must See.

The tenders, adding up to R474 million, were granted somewhere in the range of 2012 and 2017 to EOH. "The most recent advancements as reported by the SIU is a result of the DWS' Forensic Audit Unit, which closed 42 examinations during the 2019/2020 monetary year," said Sisulu's representative Steve Motale

  1 year ago ago
Sisulu welcomes R400m SIU tender probe||Must See.

JUSTICE

Ace Magashule breaks silence-Cyril Ramaphosa in danger-CR17 beneficiaries to be exposed.

Ace Magashule says he'll give the names of people who got money from #CR17 when he returns to court in August. "I have refused to even talk about a lot of people and their names and that's why I say I want to wait for a court of law and the August so called criminal charge gives me an opportunity to talk about people because I will be in a court of law.

  1 year ago ago
Ace Magashule breaks silence-Cyril Ramaphosa in danger-CR17 beneficiaries to be exposed.

ECONOMY-FINANCE

EOH recovers from R1.3 billion operating loss

https://www.news24.com/fin24/Companies/Results/eoh-recovers-from-r13-billion-operating-loss-20211005 Innovation bunch EOH has made a recuperation after a swelling misfortune in 2020, as it works to tidy up its picture and rebuild its business. On Tuesday, in an exchanging update for the year finished 31 July 2021, EOH said it expects its working benefit to have expanded between R125 million and R175 million.

  10 months ago ago
EOH recovers from R1.3 billion operating loss

ECONOMY-FINANCE

EOH says it stepped up for SIU probe into govt tenders||Must See

Innovation organization EOH has tossed its weight behind a test by the Special Investigating Unit (SIU) into four government contracts it was granted worth R474 million. The SIU said on Thursday that it would dispatch an examination concerning the tenders that were given by the Department of Water and Sanitation.

  1 year ago ago
EOH says it stepped up for SIU probe into govt tenders||Must See

ECONOMY-FINANCE

The EOH problem’ is a lesson for SA tech and government

The EOH problem’ is a lesson for SA tech and government.less information always a problem. EOH executive Jehan Mackay on Zizi Kodwa testimony, Swifambo Rail director Auswell Mashaba, Andrew Coleman on SAA saga. Bye now you not helping. We now know how EOH solves problems; with a R15 million pay off to the ruling party and plenty of cash for the comrades.

  1 year ago ago
The EOH problem’ is a lesson for SA tech and government

ECONOMY-FINANCE

Zizi Kodwa Backer Sued for R2 billion

Deputy minister of state security Zizi kodwa R1 million lender has been ordered by his former boses to a pay staggering amount of R2 billion for bringing the company into disrepute when he allegedly paid bribes to secure lucrative government contracts. According to a source EOH and EOH Mothombo have filed the papers in Johannesburg High court.

  1 year ago ago
Zizi Kodwa Backer Sued for R2 billion

ECONOMY-FINANCE

Meet ANC friends with benefits: How Zizi Kodwa gains his millions?

News24, TimesLive Goodenough Zizi Kodwa testified before the Zondo investigation. He said that former EOH head Jehan Mackay's financial support and sponsorship of luxury vacations for him did not place him in an uncomfortable situation. Kodwa would want the state capture investigation to think he was unaware that EOH had paid for his Western Cape jaunts in excess of 500,000 rands.

  1 year ago ago
Meet ANC friends with benefits: How Zizi Kodwa gains his millions?

JUSTICE

Zizi Kodwa tells the State Capture Commission that loans were not used to secure deals

Despite Kodwa's persistent unwillingness to assist him with government tenders, former EOH executive Jehan Mackay testified that none of the money he got from him was to buy his influence on government tenders and that he still considered the businessman a close friend. The state capture commission alluded to an email from Mackay to Kodwa requesting that he talk with the "chairperson" about an R360 million tender in which EOH was demoted from first place during the awarding process.

  1 year ago ago
Zizi Kodwa tells the State Capture Commission that loans were not used to secure deals

POLITICS

Zizi Kodwa denied EOH payments were associated with government tenders

On Monday the Deputy Minister of State Security Zizi Kodwa appeared at the Zondo Commission testifying about his relationship  with former EOH executive Jehan Mackay, who was behind the tech giant that made large donation to the ANC and paid many party leaders to get government tenders. Kodwa testifiers that he met MacKay in 2013 and they became friends since then.

  1 year ago ago
Zizi Kodwa denied EOH payments were associated with government tenders

POLITICS

LEARN: How Zizi used the R1-million loan which he got from a close individual

Zizi Kodwa Zizi Kodwa , who is the former spokesperson for the ruling African National Congress is reported to have revealed how he used the R1-million that he got in form of a loan from his friend Jahan Mackay . Jehan Mackay was an executive then at EOH , and allegedly loaned Zizi R1-million since he was financially challenged.

  1 year ago ago
LEARN: How Zizi used the R1-million loan which he got from a close individual