Syndicates bypassed database to loot R2bn at Tembisa Hospital

Syndicates bypassed database to loot R2bn at Tembisa Hospital

An analysis of 2 207 procurement bundles revealed serious procurement fraud at Tembisa Hospital. (Image Source: Tembisa Hospital Facebook) Coordinated syndicates allegedly bypassed the National Treasury’s Central Supplier Database (CSD) in an elaborate scheme that saw R2 billion siphoned from Tembisa Hospital. This is according to the Special Investigating Unit’s (SIU) interim report on the…

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How a dowdy database maker became an investor darling

How a dowdy database maker became an investor darling

Oracle chairman Larry Ellison Oracle investors find themselves at a pivotal crossroads. Either heed the warning from a growing list of indicators that suggest the stock has run up too far, too fast — or continue to chase another rally that’s been supercharged by lofty artificial intelligence expectations. Shares of the software maker, co-founded by…

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Home affairs faces backlash over ID database fee surge

Home affairs faces backlash over ID database fee surge

The Association of Comms & Technology (ACT) has challenged a move by the department of home affairs to increase the price businesses pay to access the national identity system for verifications by 150% – allegedly without proper consultation. The Home Affairs National Information System (Hanis) and its replacement, the Automated Biometric Identity System (Abis), are…

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