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October 15, 2019

South Africa
U.S. Treasury Moves Against South Africa’s Corrupt Gupta Family

The Office of Foreign Assets Control (OFAC) of the U.S Treasury has formally sanctioned on October 10 members of the Gupta family and associates, who are members of a “significant corruption network in South Africa.” Under the sanction, all Gupta property in the United States is blocked and must be reported to OFAC.

Sigal Mandelker addresses a press roundtable and gestures with her hand.

October 24, 2018

South Africa
South Africa Continues to Grapple With Zuma-Era Corruption

Corruption has become a burning political issue in South Africa, particularly in the final years of Jacob Zuma’s abridged term in office. The faces of South Africa's Zuma-linked corruption were the three Gupta brothers: Ajay, Atul, and Rajesh.

South-Africa-Zondo-Commission-Guptas-Zuma

October 10, 2018

South Africa
South African Finance Minister Nene Resigns Amid Political Pressure

On October 9, President Cyril Ramaphosa accepted the resignation of Nhlanhla Nene as finance minister. Critics are accusing Nene of lying about the frequency of his contacts with the notorious Gupta family, which is now being investigated for “state capture.”

South-Africa-Nhlanhla-Nene-Finance-Minister-Zondo-Commission

July 17, 2018

South Africa
Mandela’s Centenary Is Marked by the Rise of Close Friend Ramaphosa

Cyril Ramaphosa, president of South Africa since January, was a close colleague of Nelson Mandela and regularly associates himself with the Mandela legacy and seeks to restore the late president’s values as South Africa’s lodestar.

South-Africa-Ramaphosa-Mandela-De-Klerk

June 13, 2018

South Africa
Zuma’s Corruption Stalls Popular Trust in South African Taxation

There are signs that South Africans are reverting to the non-payment of taxes. The Treasury estimates that half of the revenue shortfall in 2017 resulted from personal income taxes that the government had budgeted for but were not paid. In the short term, the revenue short fall is compelling Ramaphosa to raise the VAT.

South-Africa-Jacob-Zuma-Corruption-Tax-Evasion-SARS

April 12, 2018

South Africa
South African Media Recognized for Exposing Zuma Corruption

Strong civil society, a free media, a sophisticated parliamentary opposition, and judges who regularly ruled against the government played interdependent roles in protecting South Africa’s democratic institutions.

South-Africa-Media-Journalists-Zuma

March 29, 2018

South Africa
Moody’s Signals its Confidence in Ramaphosa With Credit Rating

Moody’s Investors Service kept South Africa’s credit rating at investor grade, though it is still only one notch above junk, and changed its outlook for the country to stable.

South-Africa-Moody's-Credit-Rating-Ramaphosa

March 23, 2018

South Africa
Ramaphosa Administration Moves to Clean Up SOEs in South Africa

is seeking to get a handle rationalize the financial commitments of state-owned enterprises (SOEs) and promising whole-sale personnel changes

South-Africa-Pravin-Godhan-Corruption-SOE

March 9, 2018

Cybersecurity
Cyber Week in Review: March 9, 2018

This week: CFIUS delays a hostile takeover of Qualcomm; Reddit opens up about Russian rolling; backlash to RSA's lack of diversity; Chinese security researchers blocked from attending Pwn2Own.

A 5G logo is displayed at the Mobile World Congress in Barcelona

February 23, 2018

South Africa
The State of President Ramaphosa’s Nation

The ascendancy of Cyril Ramaphosa to the presidency of South Africa has been greeted with a mix of enthusiasm, relief, and skepticism. It comes as South Africa prepares to celebrate the centenary of Nelson Mandela’s birth and it is worth remembering that Ramaphosa was Mandela’s first choice as his deputy.

South-Africa-President-Ramaphosa-SONA