The funds that invest money with the Public Investment Corp (PIC) lost more than R100bn when President Jacob Zuma fired former finance minister Nhlanhla Nene on 9 December 2015, said Daniel Matjila, CEO of the organisation
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The private sector has set aside R1,5bn to help small and medium enterprises survive the tough economic climate. The announcement was made CEO of Discovery Adrian Gore during a briefing at the Union Buildings where government, labour
South Africa’s top anti-corruption official says she fears for her life after learning from an informant that hit men are being contracted to kill her, her spokeswoman has said. Public protector Thuli Madonsela is a leading public
Load shedding is now a thing of the past according to President Jacob Zuma, who was addressing staff at Eskom’s Megawatt Park in Johannesburg on Friday. Zuma was flanked by a large contingent of bodyguards and tactical police during a visit
South Africa is tightening up on tax evasion as part of measures to reach its target of collecting R1 169bn in the 2016/2017 financial year. This comes after the recent Panama Papers tax evasion expose, which included allegations that President
The high court in Pretoria on Friday ruled that President Jacob Zuma should face the criminal charges the national prosecuting authority dropped. “Mr Zuma should face the charges as outlined in the indictment,” deputy judge president Aubrey
Many people still love and respect President Jacob Zuma, but they will respect him even more if he does the right thing and steps down, former ANC leader Mathews Phosa said. “Any citizen who wrongs his people should fall on their own sword and take
Both the home affairs department and visa application service company VFS have denied any links to President Jacob Zuma’s son, Duduzane, and Rajesh Gupta following claims made by the Democratic Alliance last week. The department’s
A recovery in commodity currencies and stability in the oil price boosted the rand to its highest level in four months on Tuesday. By 9am on Tuesday, the rand was trading at R14,38/US$
The Gupta family played an amateurish game in trying to capture the state, political analyst Somadoda Fikeni said on Thursday. “The Guptas, it’s their amateurish, grotesque, in your face, corrosive approach. They became way too excited about their proximity