Why is it that nearly three years after the notorious Brett Kebble quit as CEO of Randgold & Exploration, JCI and Western Areas, those who helped him pilfer millions still haven’t been called to account?
The answer, it seems, lies in the unwillingness of the authorities to hold people to account. 
Take the Independent Regulatory Board for Auditors (IRBA), which has now [...]

Adam Craker, who joined beleagured automotive firm Super Group as its chief operating officer a few weeks ago, has been plunged headlong into perhaps the worst crisis in the company’s history.
For starters, there’s a potential R78m fraud which will probably force Super Group to “restate” its financials (always a throbbing red light for investors). As a main [...]

Though Telkom’s future hangs in the balance, the telecommunications company clearly doesn’t seem to mind shelling out millions to directors, despite falling profits.
Telkom’s annual report, filed with the US Securities & Exchange Commission this week, shows that even though its profits dropped 7,6% last year, it had no qualms about hiking its directors’ salaries nearly [...]

Altech, the telecommunications company 56% owned by Bill Venter’s Altron, walked into a storm at its AGM last week over its sluggish approach to transformation. And the bad news is that the Public Investment Corp (PIC) is losing patience.
This sets the stage for yet another skirmish between PIC chief executive Brian Molefe and Altech. In [...]

As long-time viewers of the Corpcapital saga will attest, soap operas have a way of limping on long past their sell-by date.
Corpcapital, the bold but not quite so beautiful investment company, decided to shut shop in 2003 after being sucked into a governance wrangle with former director Nic Frangos.
The 6028 Corpcapital shareholders were expecting to [...]