South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned that continued political instability could result in a downgrade. The ratings for foreign currency
Browsing: Jacob Zuma
President Jacob Zuma is facing calls to step down after a minister offered a motion of no confidence at a meeting of the ruling ANC’s national executive committee, two newspapers reported on Sunday. Tourism minister Derek
Deputy President Cyril Ramaphosa won the backing of South Africa’s biggest labour federation to succeed President Jacob Zuma as leader of the governing ANC. The decision by the Congress of South African Trade Unions
South Africa’s decision to stall plans championed by President Jacob Zuma to build nuclear plants has exposed his waning authority. News of the delay came on Tuesday when the department of energy said additional atomic power won’t come on stream
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The State IT Agency has finally explained why it pulled the plug on a government tender, worth up to R1,5bn, to roll out broadband to underserviced parts of the country: none of the bidders qualified. The tender was the first phase of a network
President Jacob Zuma will face a tough grilling during his last question-and-answer session for the year in the national assembly. Zuma will answer questions in parliament on Wednesday, his first appearance since he blasted the
When President Jacob Zuma retires, he will write a tell-all book about his tenure as the president of the country, he said on Friday. Zuma was speaking at a cadres forum in Pietermaritzburg, KwaZulu
President Jacob Zuma on Friday told more than 3 000 ANC supporters at a cadres forum in Pietermaritzburg that he was no thief. “You can spread lies as big as Durban. I don’t care,” Zuma told the supporters
A political firestorm over an aborted attempt to charge finance minister Pravin Gordhan with fraud has ignited a power struggle between the head of a special police unit that carried out the investigation and the