South Africa is investigating alleged corruption of more than $7B at top state-owned companies

South Africa is scrutinizing alleged corruption exceeding $7 billion involving multiple state-owned companies. These long-running investigations include Transnet, Eskom, Denel, South African Airways, PRASA, and the National Lotteries Commission. The probes, ongoing since 2018, expose the significant corruption issues that have troubled South Africa in recent years, implicating numerous officials and affecting the economy.