JIC Mining Services is our biggest revenue and profit generator, and it doesn’t earn a cent of government revenue.— Nazeem Howa, Oakbay Investments
We supply 1.5% of Eskom’s coal. If you look at the media it seems we’re supplying 95%!— Nazeem Howa, Oakbay Investments
If it can happen to Oakbay it can happen to any other business in this country!— Nazeem Howa, Oakbay Investments
Oakbay Investments is often a target of "state capture" allegations.
Many claim that its various businesses have benefited from the Gupta family’s friendship with President Jacob Zuma.
Scroll down for more quotes from the audio below.
Oakbay Investments is not listed; it’s a private company.— Nazeem Howa, Oakbay Investments
Our very being has brought attention to the Gupta family.— Nazeem Howa, Oakbay Investments
The banks have used a clause in the fine print to close our accounts. They still haven’t told us what they think we’ve done wrong.— Nazeem Howa, Oakbay Investments
We welcome this judicial enquiry.— Nazeem Howa, Oakbay Investments
We have not ruled out suing.— Nazeem Howa, Oakbay Investments
The Guptas will sell their shares in the business, hoping to prompt the banks to rethink their decisions.— Nazeem Howa, Oakbay Investments
Recommendedby NEWSROOM AI
The Money Show’s Bruce Whitfield interviews Strata Legal (Pty) Ltd Director Brandon Irsigler.
Who comes to mind? The Money Show’s Bruce Whitfield interviews Rob Worthington-Smith, founder of FarSightFirms.
The Money Show’s Bruce Whitfield interviews Dlala Nje founders Nickolaus Bauer and Michal Luptak.
The Legalese Director doesn't look like a lawyer. His “law firm”, he insists, is not a law firm. Bruce Whitfield interviews him…
The Money Show’s Bruce Whitfield interviews David Frost, CEO at Southern Africa Tourism Services Association.
Bruce Whitfield interviews Prof Ruth Hall (Institute for Poverty, Land and Agrarian Studies - University of the Western Cape).
Eskom spokesperson Khulu Phasiwe says there will be no load shedding this week as Eskom looks to get back to normal.
On Technobyte this week the traditional doorbell goes hi-tech, Uber wants to fly you and Google is launching an AI lab in Ghana.
Show host Eusebius McKaiser says EFF's leader Julius Malema's comments on Indians are grossly unacceptable and irresponsible.
Check out the latest tweets and social posts on What's Gone viral with Khabazela...
Minister of Public Entreprises Pravin Gordhan explains the condition of state owned enterprises and the changes he is making.
MEC of Education in the WC Debbie Schäfer says South Africa doesn't need more historians but children should be economy savvy.
Stage 1 load shedding has been declared nationally. The City of Cape Town has urged residents to take note of the schedules.
Media law guru Emma Sadleir warns employees online that there are many potential events that could bring a company into disrepute.
Earn peanuts, but want to start investing? You can now buy even tiny fractions of a share at a time. And it's very simple!