South Africa’s Afro Voice newspaper will publish its last edition on Friday, less than a year after the Gupta family sold the publication’s publisher to an ally of former President Jacob Zuma, according to two people
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South Africa’s economy contracted the most in nine years in the first quarter of 2018 as mining and factory output fell. GDP shrank an annualised 2.2% in the first quarter of the year compared to the prior three
While state capture architects have profited from state-owned enterprises, South Africa might have missed the quiet ruin of another key organ of state. The South African Social Security Agency, which plays the critical
South African business confidence has declined to levels last seen when Jacob Zuma was still the president. The index dropped to 96 in April from 97.6 the previous month, the South African Chamber of Commerce
South Africans are apparently so elated at the exit of Jacob Zuma as president that their confidence as consumers has made an unprecedented jump to an all-time high. The 34-point move in First National Bank’s index
Last week, deputy chief justice Raymond Zondo said as chairman of the commission of inquiry into allegations of state capture, corruption and fraud that his hope is that once the commission has completed
The National Prosecuting Authority said it’s pursuing 16 charges against former President Jacob Zuma including graft and racketeering that were shelved nine years ago amid allegations of political interference
For years, brothers Ajay, Atul and Rajesh Gupta were ranked among South Africa’s most prominent businessmen and socialised with the ruling elite, including their friend, then-President Jacob Zuma. They weathered accusations that
The ANC took a political gamble by increasing sales tax ahead of elections next year as new President Cyril Ramaphosa seeks to stabilise debt and prevent a third junk credit rating. The value-added tax rate will be raised
Former cabinet ministers banished to the political wilderness under Jacob Zuma’s presidency are set to make a comeback as his successor prepares to revive the stagnant economy. The ANC top-six officials, including