Browsing: Jacob Zuma

South Africa forecast higher debt and wider fiscal deficits over the next three years, heightening the risk of further credit ratings downgrades as a fight for control of the ruling party limits policy choices. The nation’s

Finance minister Malusi Gigaba faces a gaping budget hole — and will have to consider cutting spending, raising taxes and selling state assets if he wants to avoid further ratings downgrades. The economy he oversees is hampered by

South Africa is unlikely to adopt policies needed to drive growth, investment and job creation for at least several years because of infighting in the governing ANC, according to one of the country’s leading research institutions. The party

As the battle to succeed President Jacob Zuma as leader of the ANC grows increasingly fractious, party treasurer-general Zweli Mkhize is emerging as a possible compromise choice to keep the continent’s oldest