South Africa’s ruling party said the nation’s presidency should have stronger powers to drive government policy and allocate budget resources. “The presidency must be strengthened as the strategic centre of power in the state
Browsing: Jacob Zuma
One of the ANC’s signature programmes, a welfare system for the poorest third of South Africa’s people, is in chaos. The monthly stipends are distributed to more than 17m people by Net1 UEPS Technologies, whose
South Africa’s ruling party is at risk of further splits amid a battle for senior positions in the ANC, deputy secretary-general Jessie Duarte said. There is intense jostling to replace President Jacob Zuma
A stronger rand and falling inflation expectations may allow South African Reserve Bank governor Lesetja Kganyago to start cutting interest rates this year as long as political developments don’t derail the currency’s gains. Higher commodity prices and
South Africa plans to bring in a new welfare payments system over the next two years and hasn’t yet signed a new interim contract with Net1 UEPS Technologies, the government said on Sunday. Cash Paymaster Services, a unit of Net1, will
President Jacob Zuma ordered the country’s social development and finance ministers to ensure that welfare payments are made to beneficiaries on 1 April, the day after a distribution contract with Net1 UEPS Technologies is due to expire. Zuma held talks
South Africa should consider splitting state power company Eskom into transmission and generation units to prevent it from undermining the country’s independent power producer program, the ruling ANC said. While the government has championed
President Jacob Zuma contradicted senior members of the ANC on Friday in calling for the constitution to be changed to ensure greater access to land for the nation’s black majority and indicating that the government may consider
South Africa is fast approaching a crossroads at which it must choose between structural reform and a lurch to populist nationalism. So, too, is its governing ANC, which later this year must elect a successor to its president, Jacob Zuma. With
Finance minister Pravin Gordhan held his ground in a feud with President Jacob Zuma over control of the nation’s finances as he stuck to deficit targets and warned his detractors not to “mess” with the national treasury. In the budget presented