Schabir Shaik
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Schabir Shaik
Schabir Shaik is a South African businessman from Berea, Durban, who rose to prominence due to his close association with former South African President Jacob Zuma during Zuma's time as Deputy President. On 2 June 2005, he was found guilty of corruption and fraud, which also led to Zuma's dismissal by then President Thabo Mbeki. Early life A South African of Indian origin, Shaik studied electrical engineering at the M.L. Sultan Technikon. He had a long-standing friendship with Jacob Zuma, who needed assistance with his finances after returning from political exile in Mozambique in 1990. Zuma had been elected Chairperson of the African National Congress, and Shaik assisted him financially, mostly in the form of interest-free loans with no date of repayment. On 27 February 1995, Shabir Shaik established a company known as Nkobi Holdings, using the family name of the late ANC Treasurer Thomas Nkobi, without consent and approval of the Nkobi family. Nkobi Holdings was initially wh ...
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Berea, Durban
The Berea is a ridge above the city of Durban, KwaZulu-Natal, South Africa on the northern side which overlooks the city centre and the Indian Ocean. Berea is also used as a collective designation for the suburbs in the area. It has been described as the area between the Howard College Campus of the University of KwaZulu-Natal, and the Burman Bush Nature Reserve. Some of the oldest mansions in Durban were built in this once forested area. Today, many of these have been converted into offices or made way for apartment buildings. The Berea was once the most expensive real estate area in the province but is now third to Umhlanga and Durban North. The two main areas of the Berea are Musgrave and upper Glenwood which are separated by the N3 Western Freeway highway which leads into the city centre. Places of interest include The Atrium, Berea Centre, Musgrave Shopping Centre, Clifton School, Durban Girls' College, Durban High School and Maris Stella, Mitchell Park, the botanica ...
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Valour Class Patrol Corvettes
The ''Valour'' class is a Ship class, class of frigates built for the South African Navy. Part of the MEKO family of warships, the German shipbuilder Blohm+Voss officially designate the class as the MEKO A-200SAN. Designed as a multiple purpose, multi capable frigate, the Valour class encompasses the general Guided Missile Frigate, guided-missile Anti-surface warfare, anti-surface and Anti-aircraft warfare, anti-air role, forming the core of the South African surface fleet. Four Valour class frigates were constructed for the South African Navy as part of the South African Arms Deal, Strategic Defence Package 1999. The first, SAS Amatola, SAS ''Amatola'', was Ship commissioning, commissioned in 2006, with the fourth and final, SAS Mendi, SAS ''Mendi'', commissioned in March 2007. The frigates have a service life of 30–40 years. The Valour class are named after incidents of conspicuous bravery throughout South African military history. Development The concept for the Valour c ...
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Double-entry Bookkeeping System
Double-entry bookkeeping, also known as double-entry accounting, is a method of bookkeeping that relies on a two-sided accounting entry to maintain financial information. Every entry to an account requires a corresponding and opposite entry to a different account. The double-entry system has two equal and corresponding sides known as debit and credit. A transaction in double-entry bookkeeping always affects at least two accounts, always includes at least one debit and one credit, and always has total debits and total credits that are equal. The purpose of double-entry bookkeeping is to allow the detection of financial errors and fraud. For example, if a business takes out a bank loan for $10,000, recording the transaction would require a debit of $10,000 to an asset account called "Cash", as well as a credit of $10,000 to a liability account called "Notes Payable". The basic entry to record this transaction in a general ledger will look like this: Double-entry bookkeeping is ...
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Hilary Squires
Hilary Gwyn Squires (1933 – 2019) was a South African judge and barrister, who was brought in to preside over the Schabir Shaik fraud and corruption trial in Durban, South Africa, so as not to tie up legal proceedings elsewhere while the trial proceeded. Career Squires was born in South Africa in 1933 and was educated at Rhodes Preparatory School near Matopos in Southern Rhodesia (now Zimbabwe) and Diocesan College in Cape Town, before attending the University of Cape Town, where he met his wife, Irene Coralie Hopley. He left South Africa in 1956, returning to Southern Rhodesia where he first practised in Bulawayo, then in Salisbury. He was elected to the House of Assembly as an MP for Salisbury Central in December 1971. This was in a by-election, in which he stood unopposed. He was first appointed Minister of Justice, Law and Order by Rhodesian Prime Minister Ian Smith, later becoming Minister of Defence and Combined Operation, before being appointed a judge of the High Court ...
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Fraud
In law, fraud is intentional deception to secure unfair or unlawful gain, or to deprive a victim of a legal right. Fraud can violate civil law (e.g., a fraud victim may sue the fraud perpetrator to avoid the fraud or recover monetary compensation) or criminal law (e.g., a fraud perpetrator may be prosecuted and imprisoned by governmental authorities), or it may cause no loss of money, property, or legal right but still be an element of another civil or criminal wrong. The purpose of fraud may be monetary gain or other benefits, for example by obtaining a passport, travel document, or driver's license, or mortgage fraud, where the perpetrator may attempt to qualify for a mortgage by way of false statements. Internal fraud, also known as "insider fraud", is fraud committed or attempted by someone within an organisation such as an employee. A hoax is a distinct concept that involves deliberate deception without the intention of gain or of materially damaging or depriving a vi ...
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Driving Licence
A driver's license is a legal authorization, or the official document confirming such an authorization, for a specific individual to operate one or more types of motorized vehicles—such as motorcycles, cars, trucks, or buses—on a public road. Such licenses are often plastic and the size of a credit card. In most international agreements the wording "driving permit" is used, for instance in the Vienna Convention on Road Traffic. In this article's country specific sections, the local spelling variant is used. Most American jurisdictions issue a permit with "driver license" printed on it but some use "driver's license", which is conversational American English. Canadian English uses both "driver's licence" as well as "driver licence" ( Atlantic Canada). The Australian and New Zealand English equivalent is "driver licence". In British English and in many former British colonies it is "driving licence". The laws relating to the licensing of drivers vary between jurisdi ...
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Smart Card
A smart card, chip card, or integrated circuit card (ICC or IC card) is a physical electronic authentication device, used to control access to a resource. It is typically a plastic credit card-sized card with an embedded integrated circuit (IC) chip. Many smart cards include a pattern of metal contacts to electrically connect to the internal chip. Others are contactless, and some are both. Smart cards can provide personal identification, authentication, data storage, and application processing. Applications include identification, financial, mobile phones (SIM), public transit, computer security, schools, and healthcare. Smart cards may provide strong security authentication for single sign-on (SSO) within organizations. Numerous nations have deployed smart cards throughout their populations. The universal integrated circuit card, or SIM card, is also a type of smart card. , 10.5billion smart card IC chips are manufactured annually, including 5.44billion SIM card IC chips. Hist ...
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Cellular Telephone
A mobile phone, cellular phone, cell phone, cellphone, handphone, hand phone or pocket phone, sometimes shortened to simply mobile, cell, or just phone, is a portable telephone that can make and receive telephone call, calls over a radio frequency link while the user is moving within a telephone service area. The radio frequency link establishes a connection to the switching systems of a mobile phone operator, which provides access to the public switched telephone network (PSTN). Modern mobile telephone services use a cellular network architecture and, therefore, mobile telephones are called ''cellular telephones'' or ''cell phones'' in North America. In addition to telephony, digital mobile phones (2G) support a variety of other GSM services, services, such as text messaging, Multimedia Messaging Service, multimedia messagIng, email, Internet access, short-range wireless communications (Infrared Data Association, infrared, Bluetooth), business applications, video games and dig ...
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N4 (South Africa)
The N4 is a national route in South Africa that runs from Skilpadshek on the Botswana border, past Rustenburg, Pretoria, eMalahleni and Mbombela, to Komatipoort on the Mozambique border. It forms the South African section of the Trans-Kalahari Corridor, which runs from Walvis Bay to Maputo, meaning that it links the east and west coasts of Southern Africa. Since the completion of the A2 through Botswana, the entire Corridor is now a world-class standard highway; it features at least one carriageway in each direction of high-speed traffic plus a paved shoulder for its entire length. The South African section can be divided into two parts with Pretoria in the middle. The western portion links Gaborone and Lobatse in Botswana with Pretoria (Named the Platinum Highway), while the eastern portion links Pretoria with Mbombela in Mpumalanga and Maputo in Mozambique (named the Maputo Corridor). The eastern section from Pretoria to Middelburg is a four-lane dual-carriageway tolled fr ...
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N3 (South Africa)
The N3 is a national routes (South Africa), national route in South Africa that connects Johannesburg and Durban, respectively South Africa's largest and third-largest cities. Johannesburg is the financial and commercial heartland of South Africa, while Durban is South Africa's key port and one of the busiest ports in the Southern Hemisphere and is also a holiday destination. Durban is the port through which Johannesburg imports and exports most of its goods. As a result, the N3 is a very busy highway and has a high volume of traffic. Route The N3 is divided into 12 sections, starting with section 1 in Durban and ending with section 12 in Johannesburg. Between the two cities, the route passes the following towns and cities: Pietermaritzburg, Estcourt, KwaZulu-Natal, Estcourt, Ladysmith, KwaZulu-Natal, Ladysmith, Harrismith, Heidelberg, Gauteng, Heidelberg and Germiston, Gauteng, Germiston. It no longer passes through most of these towns, as bypasses have been built around all of ...
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Identity Card
An identity document (also called ID or colloquially as papers) is any documentation, document that may be used to prove a person's identity. If issued in a small, standard credit card size form, it is usually called an identity card (IC, ID card, citizen card), or passport card. Some countries issue formal identity documents, as national identification cards that may be List of national identity card policies by country#Countries with compulsory identity cards, compulsory or List of national identity card policies by country#Countries with non-compulsory identity cards, non-compulsory, while others may require identity verification using regional identification or informal documents. When the identity document incorporates a person's photograph, it may be called Photo identification, photo ID. In the absence of a formal identity document, a driver's license may be accepted in many countries for Identity verification service, identity verification. Some countries do not accept ...
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Durban International Airport
Durban International Airport (formerly Louis Botha Airport) was the international airport of Durban from 1951 until 2010, when it was replaced by King Shaka International Airport, to the north. The airport is co-located with AFB Durban. History The airport was opened in 1951, replacing the Stamford Hill Aerodrome. The original name of the airport was Louis Botha International, named after the South African statesman. The airport maintained this name until 1994 when the political changes that came with that year in South Africa resulted in a change of name to Durban International Airport. While the airport served the domestic market well, the airport suffered from low international passenger numbers and a runway that was too short for a fully laden Boeing 747 to take off. Due to the short runway and the hub and spoke policy that was adopted in the 1990s (favouring OR Tambo International Airport in Johannesburg), Durban lost almost all of its international traffic. Plans to m ...
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