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Top5 on Fin24: SAP reports Gupta-linked accounts to US, and Fitch takes dim view of Gigaba’s mini budget

South Africa in the news:

  • Top5 on Fin24: SAP reports Gupta-linked accounts to US, and Fitch takes dim view of Gigaba’s mini budget: The firm said it had also removed commissions on public sector deals in higher-risk countries including South Africa, and made changes to its global sales deal processes. SAP’s internal investigation, which has not yet been completed, uncovered …: “South Africa” – BingNews
  • SAP faces U.S. probe into South Africa kickback allegations: LONDON/JOHANNESBURG (Reuters) – SAP (SAPG.DE), Europe’s biggest software company, is making sweeping changes to its sales practices around the world after saying it faces a U.S. corruption probe over sales commissions paid to win South African government …: “South Africa” – BingNews
  • SAP alerts US to South Africa kickback allegations: SAP, Europe’s largest software company, says it is changing its global sales practices and has alerted the US authorities to allegations that its South African office paid kickbacks to a company linked with the country’s influential Gupta family.: “South Africa” – BingNews
  • SA on high alert for plague: The countries at risk are South Africa, Mozambique, Tanzania, Ethiopia, Mauritius, Comoros, Seychelles, Kenya, and France’s La Réunion The institute said that South African authorities have been placed on alert. “Since notification of the outbreak …: “South Africa” – BingNews
  • US investors pledge over billion for SA: Hardly 24 hours after Finance Minister Malusi Gigaba tabled what was a difficult medium term budget, a leading United States investor has announced plans to invest over $ 1 billion in South Africa over the next few months. Ambassador Harold Doley …: “South Africa” – BingNews

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Published on 26 October 2017 by Alan Category: NewsTag: accounts, Budget, Fin24, Fitch, Gigaba's, Guptalinked, Mini, Reports, takes, Top5, view

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