Today's Big Stories

Guptas flee from SA amid state capture heat to protect Pres. Zuma - Haffajee

The Guptas have allegedly fled South Africa for Dubai amid tensions over state capture allegations.

City Press editor Ferial Haffajee says that the move is in an effort to protect President Jacob Zuma and secure the African National Congress (ANC) election campaign.

On Thursday night, two key members of the family, Atul and Ajay, left on a private jet after resigning as co-chairs of their company Oakbay Investments.

It is reported that the family decided to leave after major banks closed the accounts linked to their investment companies.

The family representative said that the turning point for them was when the four banks decided to revoke their banking facilities. Now, you can't run a business if you aren't able to bank.

Ferial Haffajee, author and City Press editor

Haffajee says the family's sponsor companies on the JSE also terminated their relationship with them.

Listen to the full conversation from CapeTalk's Breakfast with Kieno Kammies:


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