Dewald van Rensburg
News24
Johannesburg, GP, South Africa
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Past articles by Dewald:
amaBhungane | Sasfin pursuing millions in 'odious' school debts
Seemingly questionable debts hobbling a poor school in Soweto have found their way into the investment bank's vast securitisation programme. → Read More
amaBhungane | Sasfin pursuing millions in 'odious' school debts
Seemingly questionable debts hobbling a poor school in Soweto have found their way into the investment bank's vast securitisation programme. → Read More
amaBhungane | The veteran, the doctor and the PIC's dodgy R600m land deal
The fixer behind the PIC's contentious investment in 1 000ha of empty land on the N12 highway is fighting tooth and nail for a R180m "transaction advisory fee" he claims he is owed. → Read More
amaBhungane | The ANC's manganese 'gold' mine, the windfalls, and the Russian oligarch
A joint venture with US-sanctioned Russian billionaire Viktor Vekselberg appears to have become the ANC’s dominant source of funds. → Read More
amaBhungane | How Postbank nearly caused a social grant meltdown
Last year the multi-billion rand social grant system was almost shut down on more than one occasion. → Read More
amaBhungane | How Postbank nearly caused a social grant meltdown
Last year the multi-billion rand social grant system was almost shut down on more than one occasion. → Read More
amaBhungane | Who is really behind the R2-billion Tongaat Hulett bid?
Shareholders challenging the Tongaat takeover by the Rudland family have temporarily blocked the transaction while allegations of improper conduct are probed - including whether Simon Rudland or his proxies have a stake in the company behind the takeover. → Read More
amaBhungane | R90m hack at Postbank kept under wraps
Unknown individuals, most likely working from inside the aspiring state-owned Postbank, stole millions through the social grant system late last year. → Read More
amaBhungane analysis: Iqbal vs the banks
Even if there's not really an economy-wide plot against Iqbal Survé, the de facto boycott threatening his empire still raises questions about the power of the banks. → Read More
Strike 3: Is Iqbal Survé finally unbankable?
Iqbal Survé has suffered yet another existential setback with three of the "big four" banks now refusing to do business with any company tied to him and his Sekunjalo Investment Holdings. → Read More
Zim tobacco barons' planned capture of Tongaat Hulett
Minority shareholders and activists in Tongaat Hulett are mounting a fightback against a proposed R2-billion sale of new shares by major sugar group Tongaat Hulett to the Zimbabwean Rudland family, accused of building their fortune on ties to Zimbabwe's ruling Zanu PF and questionable cigarette sales. → Read More
Karpowership's R3.3 billion-per-year 'freebie' thanks to Nersa's slip-up
The company's own figures suggest Eskom will be drawing only 40% of Karpowership's available power, while paying for a minimum of 72.7% - meaning the effective tariff will be nearly double what Energy Minister Gwede Mantashe told the public in March. → Read More
Investec's multi-billion Euro backing for legendary 'tax evader'
The South African investment bank provided billions to one of the alleged pioneers of the alleged tax fraud dubbed “cum-ex” despite their client facing tax evasion investigations in four different countries. → Read More
How Investec was a player in the world’s largest tax fraud (Part 2)
The investment bank has been named in criminal investigations over its alleged involvement in a number of the infamous German "cum-ex" tax scam transactions. The scheme is reported to be the largest tax fraud in history. → Read More
Investec implicated in probes into the world’s largest tax fraud: The cum-ex files, part 1
A massive leak of German prosecutors' documents has revealed how the investment bank took part in the epic European "cum-ex" scam out of its small Irish office. Approval for the bank's participation in the schemes, witnesses and documentary evidence suggest, came from head office in Johannesburg. → Read More
UPL disaster: Initial tests found high levels of arsenic from Durban’s chemical spill
Weeks after a chemical spill closed beaches in Durban, test results from a laboratory in the United Kingdom have confirmed that Umhlanga Lagoon and the surrounding wetlands have been contaminated with highly toxic chemicals. → Read More
'Dr Dan' Matjila's secret deal to make Survé's R700m debt to pensioners 'disappear'
The PIC is suing Iqbal Survé's Sekunjalo Independent Media for R700 million related to the 2013 takeover of Independent Newspapers. → Read More
UPL fire: Here’s the full inventory of chemicals in the destroyed Cornubia warehouse
The long list of deadly pesticides, herbicides and intermediate products in the burned-down warehouse contains hundreds of entries totalling more than 6 000m3. Among the chemicals are several banned in the EU and other countries, ranging from China to Sri Lanka. → Read More
Sactwu drags Iqbal Survé to court for Indy millions
Iqbal Survé's Sekunjalo Independent Media is in court fighting off a union-owned co-investor's bid to reclaim R300 million. → Read More
Karpowership SA: How much again?
The South African contract Karpowership is chasing could be a game-changer for the group, making Eskom its largest client globally. What will we pay and how much will the Turkish conglomerate pocket? Dewald van Rensburg does the sums. → Read More