Jacob Zuma’s future as president of South Africa hangs in the balance as an increasing number of his governing party’s national executive committee members backed a motion for him to step down. The move to oust Zuma has significant
Author: Agency Staff
Nedbank has launched an interactive teller and banker ATM at its flagship new-generation branch in Sandton in Johannesburg. According to the financial services group, it is the only bank in Africa and the second
President Jacob Zuma’s future as the leader of the ANC remains in the balance as the party’s national executive committee extended until Monday a meeting that’s considering a motion for him to step down
President Jacob Zuma’s office has refused to confirm or deny claims of an imminent cabinet reshuffle. The Sunday Times reported that Zuma was planning to restructure his cabinet after the ANC’s birthday
South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned that continued political instability could result in a downgrade. The ratings for foreign currency
President Jacob Zuma is facing calls to step down after a minister offered a motion of no confidence at a meeting of the ruling ANC’s national executive committee, two newspapers reported on Sunday. Tourism minister Derek
SABC group executive of corporate affairs Hlaudi Motsoeneng says he can change South Africa in six months. “In South Africa, realise one thing, there is only one Hlaudi, no one else. And realise, I can change South Africa within six
Amazon.com is in talks to acquire Dubai-based online retailer Souq.com for about $1bn (R14,2bn) in a deal that will give the e-commerce giant a footprint in the high-growth Middle East market, according
Deputy President Cyril Ramaphosa won the backing of South Africa’s biggest labour federation to succeed President Jacob Zuma as leader of the governing ANC. The decision by the Congress of South African Trade Unions
The South African Reserve Bank left borrowing costs unchanged for a fourth consecutive meeting as it projects the inflation rate will fall back to within its target and the economy is set to expand at the slowest pace since a recession six years ago. The central bank