For Creamer Media in Johannesburg, I’m Thabi Madiba.
Making headlines: Cabinet says no one is 'above the law' as Covid-19 fund looters are arrested; Parliament concerned about governance and finance challenges at Denel; And, Nigeria's president meeting with national security leaders
Cabinet says no one is 'above the law' as Covid-19 fund looters are arrested
The recent arrests of those allegedly involved in corruption and the looting of Covid-19 social relief funds are a testament that no one is above the law.
This is according to a statement on Wednesday's Cabinet meeting, delivered at a briefing by Minister in the Presidency Jackson Mthembu on Thursday.
Mthembu said this demonstrated government's commitment to hold to account those who continued to break the law by robbing poor South Africans of much-needed government assistance and aid.
He said the cases included those related to the looting of Covid-19 social relief funds.
Parliament concerned about governance and finance challenges at Denel
South Africa’s parliament said it was concerned about the governance and financial challenges at state arms manufacturer Denel.
In a statement, the portfolio committee on public enterprises said it had heard from Denel officials during a briefing that the struggling firm suffered an unaudited loss of R1.8-billion for the 2019/20 financial year, owing to a significant decline in revenue and poor programme management.
The Denel personnel said the arms maker’s equity was significantly below previous levels, at R4-billion, despite an injection of R1.8-billion disbursed in 2019/20.
The company received R305-million of the R576-million allocated to Denel in the 2020/21 financial year medium term expenditure framework.
And, Nigeria's president meeting with national security leaders
Nigeria's President Muhammadu Buhari was meeting with national security leaders on Thursday as nationwide unrest continues over anti-police protests, an aide said on Twitter.
Several Nigerian states are under curfew, including Lagos, after a day of violence linked to demonstrations.
Unrest rooted in anti-police protests broke out following a day of violence, including the shooting of civilians by security forces.
That’s a roundup of news making headlines today
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