Floyd Shivambu and  Julius Malema of the Economic Freedom Fighters (EFF).  Photograph: Felix Dlangamandla/Foto24/Gallo Images/Getty Images

Allegations of corruption that have been levelled at the leadership of South Africa’s Economic Freedom Fighters (EFF) party could not have come at a w(...)

“There will be another crisis, that’s for sure. And it may not be in banking,” says the former governor of the Central Bank Patrick Honohan

In the wake of the banking crisis the former governor of the Central Bank Patrick Honohan had the “common sense view” that some of the reckless behavi(...)

New South African minister for finance Tito Mboweni: set to announce government plans to deal with aftermath of financial scandal.  Photograph: Esa Alexander

An official probe into the failure of South Africa’s VBS Mutual Bank has alleged that €115 million (1.9 billion rand) was looted by 53 beneficiaries, (...)

Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it lose several major clients. Photograph: Charles Platiau/Reuters

Global auditor KPMG said on Monday it will lay off up to 400 people in South Africa, in its latest shake-up following a corruption scandal that saw it(...)