Browsing: Jacob Zuma

A crisis has emerged in South Africa and “the rot has set in” within the ruling ANC, deputy President Cyril Ramaphosa said on Sunday. “Corruption must be rooted out” and anyone found

Newly appointed finance minister Malusi Gigaba should be given time to settle into the job before being judged on his performance, according to central bank governor Lesetja Kganyago. President Jacob Zuma’s decision to fire Pravin Gordhan as finance

An adviser to South Africa’s new finance minister advocated the state takeover of banks, mines and insurance companies in a newspaper editorial, two weeks after President Jacob Zuma’s ouster of Pravin Gordhan shocked investors

As South Africa faces its worst political crisis in a decade with thousands of protesters demanding President Jacob Zuma’s ouster, a key battle to determine who will succeed him is raging on his home turf. The eastern KwaZulu-Natal region

The renewable energy sector was notified in a short note – sent at 4.25pm on Friday – that the financial close of 37 outstanding independent power projects would not take place on Tuesday, 11 April as planned. No new date has been set and

A week after President Jacob Zuma appeared to have weathered calls to resign, former leaders of the ANC are ratcheting up pressure on him to quit after his shock cabinet purge prompted two ratings agencies to downgrade the

Factions within the ANC are threatening to tear apart the party which has governed the country since the end of apartheid in 1994, according to its treasurer-general, Zweli Mkhize. “There is need for leadership to dismantle

Vodafone Group CEO Vittorio Colao is optimistic that a breakthrough is near regarding government’s controversial ICT policy white paper, saying a “hybrid” model proposed by local mobile operators, including Vodafone

South African debt got dealt a second blow in a week as Fitch Ratings joined S&P Global Ratings and cut the nation’s credit assessment to junk following President Jacob Zuma’s move to fire his well-respected finance minister. Fitch

Tens of thousands of protesters marched in South Africa to demand that President Jacob Zuma resign after he fired the finance minister and reshuffled the cabinet. Marchers chanting “Zuma must go” in Pretoria walked to