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
Browsing: Jacob Zuma
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
South African bank stocks tumbled and bonds plunged as the rand headed for its biggest weekly slide since 2015 after the firing of finance minister Pravin Gordhan raised concerns about the country’s fiscal path and its
South Africa has entered a new political chapter that promises catastrophic outcomes after President Jacob Zuma reshuffled his cabinet last night, firing the finance minister, Pravin Gordhan
South Africa’s new finance minister, Malusi Gigaba, will have to steer an economy that’s barely growing, fend off a junk credit rating and reassure investors that he’ll protect the national treasury’s
South Africa’s rand headed for its biggest weekly slide since 2015, after the firing of finance minister Pravin Gordhan raised concerns about the country’s fiscal path and its investment-grade credit rating. President Jacob
President Jacob Zuma fired finance minister Pravin Gordhan and eight other cabinet members in a high-stakes power play that may threaten his own presidency and place the nation’s investment grade credit rating at
The ANC has a choice: it can help President Jacob Zuma, or it can help the country. Its survival as a respected national force depends on doing the latter. Support for the ANC has fallen amid charges of
Three of the top six officials of South Africa’s ruling party told President Jacob Zuma that they opposed his plan to fire finance minister Pravin Gordhan, a person with knowledge of the matter said. Zuma told the ANC leaders
President Jacob Zuma is taking a gamble as he ups the ante in his battle with his finance minister Pravin Gordhan for control of the nation’s finances. If he fires Gordhan, as he told Communist Party officials