President Jacob Zuma has lamented the abuse he faces in the national assembly every time he answers questions. Following his question session in the national assembly, Zuma told MPs that it would be unfair for him to step off, without raising
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South African President Jacob Zuma made the payment ordered by the constitutional court for taxpayers’ money spent to upgrade his private home in Nkandla, KwaZulu-Natal province, the national treasury said. “The money has been paid
It’s hard to know who’s leading South Africa. Last week, the presidency repudiated the mines minister when he caused a storm of protest from business leaders by saying the cabinet authorised a judicial
South Africa’s economy avoided a second recession in seven years as mining and factory output rebounded. GDP rose an annualised 3,3% in the second quarter, compared with a 1,2% contraction the previous three months, the statistics office said in a report released
South Africa has caught the world’s attention with an epic battle between two powerful factions within the governing ANC, which has spilt into government. Deputy President Cyril Ramaphosa has aptly described this as a government that wages
South Africa’s cabinet has asked President Jacob Zuma to set up a judicial review to consider creating a state bank as well as the mandates of both the Banking Tribunal and Banking Ombudsman after the nation’s four biggest lenders said they would stop doing business with
As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national
Gupta-owned Oakbay Resources and Energy has averted being booted off the JSE by securing a new sponsor with effect from Thursday. This comes after the Guptas announced last Friday that they would sell all their shares in their South African businesses by the end
Denmark’s Jyske Bank became the second money manager to say it won’t lend to Eskom after the nation’s biggest specialist fixed-income manager said it had stopped extending credit to state-owned companies amid
Splits in South Africa’s ruling party over a police investigation of the finance minister are marking the battle lines for control of the ANC after President Jacob Zuma steps down as its leader next year. The tension within the party