Sekunjalo Investments controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
Back to profile5 entries
2026
SACTWU pension-fund judgment
The Supreme Court of Appeal ordered Sekunjalo Independent Media to pay R459 million, with interest and legal costs, in a dispute concerning an unpaid loan and the alleged misrepresentation of an amended loan arrangement.
2024
Media editorial-interference finding
The Press Council found that Independent Media and IOL had been used to advance Sekunjalo’s corporate interests and ordered an apology and removal of material concerning journalist Karyn Maughan.
2023
Banking and public-investment disputes
Sekunjalo-linked entities faced account closures and litigation after banks cited risk and reputational concerns associated with investigations and public reporting concerning the group and the Public Investment Corporation.
2022
Qatargate-related donation
The Sekunjalo Development Foundation donated €250,000 to Fight Impunity, a lobbying group connected to reporting about the European Parliament’s Qatargate corruption scandal.
2013
Public-sector marine-services tender controversy
The Public Protector found that the award of a large marine-services contract to a Sekunjalo consortium was procedurally improper and failed to meet departmental supply-chain requirements. The investigation did not establish collusive bidding by the group’s tendering entities.