South Africa’s Special Investigating Unit (SIU) has revealed that the country’s immigration system has been operating like a marketplace, with permits and visas effectively sold to the highest bidder. Investigators found that a small group of officials exploited weaknesses in the system for years, enriching themselves by accepting payments in exchange for issuing visas and residence permits.

The SIU has also traced financial gains exceeding $11 million linked to fraudulent visa applications, many of which were processed using fake or manipulated documentation.

Innocent Semosa spoke to Lebogang Ramafoko, Executive Director at Corruption Watch.

South Africa&rsquo;s Special Investigating Unit (SIU) has revealed that the country&rsquo;s immigration system has been operating like a marketplace, with permits and visas effectively sold to the highest bidder. Investigators found that a small group of officials exploited weaknesses in the system for years, enriching themselves by accepting payments in exchange for issuing visas and residence permits.
The SIU has also traced financial gains exceeding $11 million linked to fraudulent visa applications, many of which were processed using fake or manipulated documentation.
Innocent Semosa spoke to Lebogang Ramafoko, Executive Director at Corruption Watch.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

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Africa in Business

The Special Investigating Unit reveals that South Africa's immigration system is operated like a marketplace

China's Ambassador to South Africa, Wu Peng, says Beijing's zero-tariff policy for African exports is aimed at creating a mutually beneficial and sustainable trade relationship between China and the continent.

Speaking on Friday during a webinar reflecting on China's recently implemented zero-tariff policy on goods from African countries, Ambassador Wu Peng stressed that the initiative should not be viewed as charity, but rather as a strategic effort to deepen economic cooperation and balance trade relations.

Channel Africa's reporter Micheal Mbewe filed this report.

China's Ambassador to South Africa, Wu Peng, says Beijing's zero-tariff policy for African exports is aimed at creating a mutually beneficial and sustainable trade relationship between China and the continent.
Speaking on Friday during a webinar reflecting on China's recently implemented zero-tariff policy on goods from African countries, Ambassador Wu Peng stressed that the initiative should not be viewed as charity, but rather as a strategic effort to deepen economic cooperation and balance trade relations.
Channel Africa's reporter Micheal Mbewe filed this report.

Zero-tariff policy will strengthen sustainable trade, economic cooperation with Africa: China

On this week's Business Round-Up on today, we look at the biggest stories shaping Africa's economic and investment landscape. Host Thami Ngubeni is joined by Victor Kgomoeswana - author of Africa Is Open For Business and Africa Bounces Back, and the Executive Director for Marketing & Communication at the University of Limpopo - to unpack the developments making headlines across the continent.

Talking Points:

-Appian Capital Advisory is a private equity investment firm has secured a 95% stake in Namibia's Omitiomire copper project through the purchase of Omico Copper

-According Ghana Statistical Service (GSS)'s latest Monthly Indicator of Economic Growth (MIEG), Ghana's economy expanded by 7.7% in February 2026

-Nigeria's Elipse International Ltd's investment in domestic copper processing infrastructure has seen the mining sector experience significant growth and development.

-Egypt's startup ecosystem is starting to mature, with increased investor confidence and growing activity in sectors like logistics, fintech, and e-commerce.

On this week's Business Round-Up on today, we look at the biggest stories shaping Africa's economic and investment landscape. Host Thami Ngubeni is joined by Victor Kgomoeswana - author of Africa Is Open For Business and Africa Bounces Back, and the Executive Director for Marketing &amp; Communication at the University of Limpopo - to unpack the developments making headlines across the continent.
Talking Points:
-Appian Capital Advisory is a private equity investment firm has secured a 95% stake in Namibia's Omitiomire copper project through the purchase of Omico Copper
-According Ghana Statistical Service (GSS)'s latest Monthly Indicator of Economic Growth (MIEG), Ghana's economy expanded by 7.7% in February 2026
-Nigeria's Elipse International Ltd's investment in domestic copper processing infrastructure has seen the mining sector experience significant growth and development.
-Egypt's startup ecosystem is starting to mature, with increased investor confidence and growing activity in sectors like logistics, fintech, and e-commerce.

Africa Business Round Up with Victor Kgomoeswana - author of Africa Is Open For Business and Africa Bounces Back

Spontaneous protests and anger have marked Kenya's overall disappointment over the recent fuel fuel price hikes that were announced on Thursday evening.

As the nation now looks at a possible new normal of diesel costing more than petrol, public service vehicle operators have threatened to paralyse operations from Monday if the government does not rescind the decision.

For an update, we are now joined by Alex Kiarie -Channel Africa Correspondent based in Nairobi, Kenya.

Spontaneous protests and anger have marked Kenya's overall disappointment over the recent fuel fuel price hikes that were announced on Thursday evening.
As the nation now looks at a possible new normal of diesel costing more than petrol, public service vehicle operators have threatened to paralyse operations from Monday if the government does not rescind the decision.
For an update, we are now joined by Alex Kiarie -Channel Africa Correspondent based in Nairobi, Kenya.

The Special Investigating Unit reveals that South Africa's immigration system is operated like a marketplace

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