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S. Africa’s opposition demands probe on Indian Gupta family

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Cape Town: The National Assembly should investigate “patterns of state capture” by the Indian Gupta family, South Africa’s opposition Democratic Alliance said on Sunday.

The DA made the appeal after Jackson Mthembu, Chief Whip of the ruling African National Congress (ANC), voiced support for calls to investigate “patterns of state capture” by the Gupta family, Xinhua reported.

The wealthy Gupta family, which allegedly keeps close ties with President Jacob Zuma, his family and ANC officials, has been accused of exerting undue influence on South Africa’s state affairs by offering cabinet posts to ANC officials.

The family has, however, denied the accusation.

Earlier this month, DA Leader Mmusi Maimane submitted a substantive motion in the NA, requesting that the House establish an ad hoc committee to investigate revelations regarding the Gupta family and their illicit influence over the Presidency and Executive.

If Mthembu is serious and not merely offering lip service, he and his caucus should support this motion in the NA and work with the opposition to ensure that this ad hoc committee is free of political influence, the DA said in a statement.

“The Gupta family’s influence has infiltrated various government departments and appointment processes, and it is important that an ad hoc committee represented by these portfolios investigate these allegations and report to Parliament,” DA Chief Whip John Steenhuisen said in the statement.

If any undue influence or improper conduct is found, the committee should recommend swift action against all those who have compromised their oaths of office, Steenhuisen added.

The committee, he said, must also recommend measures to prevent similar incidents from occurring in future to ensure that a fair South Africa is maintained. (IANS)

 

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Indian Companies Invested Over $4 Billion in South Africa, says CII

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.

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PwC Chief Executive (Southern Africa) Dion Shango said:
Companies, representational image, Pixabay

Indian companies have invested over $4 billion in South Africa and created 18,000 direct jobs in the continent’s biggest economy, the Confederation of Indian Industry (CII) said on Sunday

According to a new CII report “Indian Industry’s Inclusive Footprint in South Africa – Doing business, doing good”, prepared jointly with British advisory multinational Pricewaterhouse Coopers (PwC), there are 140 Indian companies operating in South Africa whose contributions go beyond foreign direct investment (FDI) in the country, and include key CSR and skill development initiatives.

“Indian companies operating in South Africa are not just investing funds and creating jobs, but are actively contributing to the upliftment of the communities in which they operate,” a CII release said here.

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.

According to the report, leading Indian companies such as Wipro, state-run Coal India, Cipla, Jindal Steel and Power, Mahindra and Mahindra have recently made investments in South Africa.
Indian companies invest in South Africa, pixabay

“In the healthcare sector, the entry of Indian pharma companies Ranbaxy and Cipla brought in drastic reduction in the cost of anti-retroviral drugs in South Africa, saving thousands of lives. Indian companies are taking steps to transfer skills to South Africans, particularly in the IT sector,” it said.

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In a statement, CII Director General Chandrajit Banerjee said: “The report highlights the journey of the historic and economic relationship between India and South Africa, looking at the key sectors where Indian companies are thriving.”

PwC Chief Executive (Southern Africa) Dion Shango said: “Indian companies are demonstrating their commitment to sustainable development in South Africa across education and healthcare schemes to job creation, agricultural projects and empowering women.”

A focus on ethical business practice comes through in the report, as this is of critical importance for Indian companies operating in South Africa, the statement added. (IANS)

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