Deputy finance minister Mcebisi Jonas is “worried” about the impact of a perception that state institutions are being used to advance political agendas, saying the issue is a distraction to efforts to expand the economy. “Political behaviour does
Browsing: Jacob Zuma
At first glance, South Africa appears on a road to nowhere, mired in leadership turmoil and economic stagnation that are rolling back many of the hard-won gains of 22 years of multiracial rule. President Jacob Zuma, who’s lurched from one scandal
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
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