South African business leaders are preparing for more credit-rating reductions as mismanagement hobbles state companies and after bad decisions by President Jacob Zuma, according to the head of one of the country’s biggest corporate lobby groups
Browsing: Jacob Zuma
Anyone who believes there’s a quick fix for South Africa’s political and financial malaise when President Jacob Zuma leaves office needs to think again. His successor will inherit an economy that slid into recession
Duduzane Zuma, a son of South African President Jacob Zuma, said all of his bank accounts have been closed because of pressure on financial institutions from former finance minister Pravin Gordhan. Duduzane Zuma’s
The revelation on Wednesday that finance minister Malusi Gigaba is considering selling a big chunk or possibly even all of government’s 39.3% in Telkom, at face value, is fantastic news. There is absolutely no reason for government
The Gupta family are selling their assets in South Africa to little-known companies as their access to banking facilities dries up and allegations intensify that they used their friendship with President Jacob Zuma to wield undue
It’s payback time for President Jacob Zuma as his ruling ANC censures its lawmakers who openly backed a move to oust him, increasing his sway over who’ll succeed him. The ANC fired Makhosi Khoza as chairwoman of
President Jacob Zuma has indicated that ruling party lawmakers who backed an opposition attempt to oust him should face disciplinary action and said he may consider firing his higher education
President Jacob Zuma narrowly overcame a bid by opposition parties to topple him through a no-confidence motion in parliament. The real loser may be his own party, the ANC. Ruling party lawmakers rallied
President Jacob Zuma has survived a no-confidence motion in parliament, ensuring that he’ll maintain his grip on power until at least the end of the year. The motion was defeated by 198 votes to 177, Baleka
The rand could surge if President Jacob Zuma is ousted by a motion of no confidence parliament on Tuesday, though gains would falter if Zuma survives the vote, analysts say. The currency was the best performer among 31 major