President Jacob Zuma survived calls to resign by members of the ruling party following his decision to fire his finance…
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The news that South Africa’s sovereign rating has been downgraded caught many by surprise. But it was long coming. The main reason for the rating agency’s decision is clearly concerns about political leadership
President Jacob Zuma’s shock decision to fire his finance minister and stack his cabinet with loyalists may have seemed like good politics, but it’s led to an immediate downgrade of the nation’s
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South Africa lost its investment-grade credit rating from S&P Global Ratings for the first time in 17 years in response to a cabinet purge by President Jacob Zuma that investors worry will thwart an economic
President Jacob Zuma should step down, his predecessor Kgalema Motlanthe said. “Simply because the apex court, the highest court in the land, has judged him to have breached oath of office,” Motlanthe said when asked in an interview
New finance minister Malusi Gigaba said he will work within the country’s fiscal framework and doesn’t plan to remove treasury director-general Lungisa Fuzile. “I will work within the fiscal framework as agreed by
Social development minister Bathabile Dlamini admitted for the first time that the failure of her department to comply with a 2014 court order could have led to more than 17m welfare recipients not getting their
President Jacob Zuma is coming under increased pressure from inside his ruling ANC to justify sweeping cabinet changes in which he fired the finance minister, sending the rand tumbling and borrowing costs
President Jacob Zuma faced a widening public backlash from senior members of the ANC, including his deputy, Cyril Ramaphosa, the day after he fired his finance minister and made sweeping cabinet changes. “I have made