By BO Staff Writer White-owned media has struck again with yet another sensational fake story about the Gupta family. The white monopoly capital founded and funded so-called ‘investigative unit’, Amabhungane, News24 and Daily Maverick, have published a completely fake story about the owners of Oakbay and their tax returns. The story is entirely based on …
By BO Staff Writer Sipho Pityana, one of the leaders of Save South Africa (Save SA), couldn’t save AngloGold Ashanti Ltd (AngloGold Ashanti) a whooping R1.2 billion in the last financial year. Pityana is the non-executive director of the beleaguered company. Anglo Gold Ashanti is one of the entities which belonged to the Oppenheimer family. …
By Andile Mngxitama The former Minister of Finance, Pravin Gordhan, has lost, with costs, a high court application against the Gupta-owned Oakbay group of companies. The full bench of the high court was scathing in its assessment of Gordhan’s application, which it found to be “unnecessary” and threw it out with costs. But why did …
Staff Writer Black Opinion is reissuing the following article which was previously published on the BLF website on 18 August 2017: Black First Land First (BLF) has been saying that Pravin Gordhan is the Prime Minister of white monopoly capital. He has never served our people or black business for even one day in office. …
By BO Staff Writer Black Opinion is reissuing the following article which was previously published on the BLF website earlier this morning: It’s now common cause that the former Minister of Finance, Pravin Gordhan, has lost his court application against Oakbay Investments (Pty) Ltd (Oakbay) which is a holding company of the Gupta owned businesses …
By BO Staff Writer Yesterday the North Gauteng High Court, in the matter of Pravin Gordhan versus Oakbay Investments (Oakbay), started hearing legal arguments in the case. Gordhan sought a declaratory order that he is “not by law empowered or obliged to intervene in the relationship” between the banks and Oakbay regarding the closure of …
By BO Staff Writer The chief executive officer (CEO) of Bank of Baroda’s South African unit, Sanjay Agarwal, died from a heart attack last week. The Bank of Baroda took over most of the banking functions of the partly Gupta-owned businesses under the Oakbay stable, after the white-owned South African banking cartel unlawfully shut down …
By BO Staff Writer The Black First Land First movement says it will picket overnight on Friday at presidential offices, the Union Buildings in Pretoria, to get the president to establish a Judicial Commission of Inquiry on the Ruperts, Guptas and Banks. The black consciousness movement says the overnight picket will be followed by a …
Featured Image: Employees of Gupta owned Oakbay Investments marched recently to major banks. Photo: Mail&Guardian By BO Staff Writer In a bizarre turn of events the CEO of one of the Gupta owned companies Sahara, Stephan Nel, opened a case of intimidation at the police station in Midrand. This follows a threatening anonymous call to …
By BO Staff Writer The Gupta family has now been cleared by over four entities of any wrong doing but you wouldn’t know this from the media reports. The big story over the weekend by the City Press revolved around the alleged Eskom untoward “bail out” of the Gupta family business. But, Eskom has issued …
