• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 19th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Speaker of the National Assembly, Nosiviwe Mapisa-Nqakula presides over South Africa's parliament debate on a report by a panel of experts who found that President Cyril Ramaphosa may have violated his oath of office, following allegations that large sums of foreign currency were hidden at his private game farm, in Cape Town, South Africa, December 13, 2022. REUTERS/Esa Alexander/File Photo
Speaker of the National Assembly, Nosiviwe Mapisa-Nqakula presides over South Africa's parliament debate on a report by a panel of experts who found that President Cyril Ramaphosa may have violated his oath of office, following allegations that large sums of foreign currency were hidden at his private game farm, in Cape Town, South Africa, December 13, 2022. REUTERS/Esa Alexander/File Photo
South Africa's Minister of Defence Nosiviwe Mapisa-Nqakula addresses striking miners outside a South African mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg August 21, 2012. REUTERS/Siphiwe Sibeko/File Photo
South Africa's Minister of Defence Nosiviwe Mapisa-Nqakula addresses striking miners outside a South African mine in Rustenburg, 100 km (62 miles) northwest of Johannesburg August 21, 2012. REUTERS/Siphiwe Sibeko/File Photo
Home
World
Africa

South African parliament speaker resigns amid corruption probe

April 3rd, 2024 | 16:43 PM WORLD Africa 1

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Central African Republic artisanal gold mine collapses, killing more than 100
Zambian opposition leader to try to overturn election result in court
US steps in to fund African rare earths shunned by private money, sources say
Nigeria reforms helped to avert economic collapse, finance minister says
By Reuters

South Africa's National Assembly speaker Nosiviwe Mapisa-Nqakula said on Wednesday that she was resigning from her position amid an investigation into alleged corruption during her tenure as defence minister.

Mapisa-Nqakula's home was raided last month by investigators as part of the corruption inquiry, who did not provide details on the investigation or the allegations.

"My resignation is in no way an indication or admission of guilt regarding the allegations being levelled against me," she said in a statement.

The resignation, which is effective immediately, also sees her stepping down as a member of the parliament.

Mapisa-Nqakula was defence minister from 2012 to 2021. South Africa's state-owned broadcaster SABC reported that she is suspected of receiving millions of rand in cash as bribes from a former military contractor.

Mapisa-Nqakula took special leave after the raid, and on Tuesday lost a court bid to block authorities from arresting her.

She is yet to be charged with any crimes and no formal announcements about her possible arrest have been made by the police.

  • Topic
  • SAFRICA
  • POLITICS/ (PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Central African Republic artisanal gold mine collapses, killing more than 100

Related Posts

Africa
August 19th, 2026

Central African Republic artisanal gold mine collapses, killing more tha...

Africa
August 19th, 2026

Zambian opposition leader to try to overturn election result in court

Africa
August 19th, 2026

US steps in to fund African rare earths shunned by private money, source...

Africa
August 19th, 2026

Nigeria reforms helped to avert economic collapse, finance minister says

Africa
August 19th, 2026

Luxury tour agency &Beyond confirms helicopter carrying its guests crash...

Africa
August 19th, 2026

Egypt to widen cash subsidy scheme to cover more essential foods

The Wire
Aug 19th 2 h ago
Government

DOJ argues Comey novel shows he knew ‘86 47’ post was a thr...

Aug 19th 2 h ago
Business

Fed policymakers' inflation concerns increased at July meet...

Aug 19th 2 h ago
Sports

Swiss rider Poncini dies in Manx GP qualifying

Aug 19th 2 h ago
Business

Amazon plans drone delivery expansion to about 500 US local...

Aug 19th 2 h ago
Litigation

Abbott settles appeal over $495 million infant formula verd...

TRENDING ON FINANCETIME
Aug 19th, 2026 Sports

Mets' Jorge Polanco (ankle) to have season-ending surgery

Aug 19th, 2026 Sports

Reports: Phillies sign free agent LHP Nestor Cortes

Aug 19th, 2026 Business

US CFTC seeks comment on compute derivatives as AI demand grows

Aug 19th, 2026 Technology

Payments firm Stripe to buy AI developer platform OpenRouter

Aug 19th, 2026 Government

ABC says intimidation by Trump's FCC forced programming changes

Markets-Sectors
ENERGY -0.01%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT