The criminal activities led to a R160 million fine being imposed on Sasfin Holdings, which has eaten into the wealth management firm’s full-year earnings as it was forced to raise a R55 million ...
Over R160 million was spent on overtime alone for members of the VIP Protection Unit in the past financial year. Image: LightFieldStudios/ Per-Anders Pettersson Source: Getty Images VIP Protection ...
Over R160 million in overtime pay was spent on the protectors of President Cyril Ramaphosa, his deputy Paul Mashatile and other high-ranking South African politicians in the 2023-2024 financial year.