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Top news items of S. African major news outlets

Xinhua, May 7, 2016 Adjust font size:

The following are highlights of South African major media outlets on Saturday:

-- Oakbay Investments, the Gupta-owned company that has had its banking services terminated, has circulated a bizarre conspiracy theory in which it claims that South African banks are under the control of the Rupert family.

The company also suggests that Project Spider Web, which claimed a conspiracy between Treasury officials, foreign governments and white business, has "been right all along". (Business Day).

-- King of the Vhavenda, Khosikhulu Toni Mphephu Ramabulana, is planning to ask President Jacob Zuma to reverse the demarcation decision that has seen chaos erupt in areas around Vuwani.

Vuwani residents lost a high court bid last Friday to have their area reinstated under the Makhado Municipality.(City Press). Endit