On Tuesday, the Pretoria High Court granted an urgent interim interdict to freeze the R1.75-billion rehabilitation trust funds of the Gupta-owned Optimum and Koornfontein coal mines.
Political analyst Karima Brown looks at how the Gupta empire appears to be crumbling, or at least coming under pressure from several quarters.
The taps are drying up and the facilitation to try and get the Gupta's banking facilities is drying up, and of course, Ntsaluba dropping them as an auditing firm, could not have been welcoming news for the struggling company.— Karima Brown, political analyst
Meanwhile Business Leadership South Africa (BLSA) has endorsed the national strike called by trade federation Cosatu, against state capture. The organisation has urged businesses to allow employees to exercise their right to demonstrate.
Brown says this is an unprecedented move.
What you're seeing here are different forces who historically and traditionally are quite antagonistic toward each other, considering what kind of economic system we have in the country, coming together around mobilising action around state capture.— Karima Brown, political analyst
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This article first appeared on 702 : Gupta taps are running dry - Brown