Browsing: Jacob Zuma

The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech

Former finance minister Des van Rooyen said on Wednesday he does not believe billionaire Johann Rupert influenced his redeployment a few days after his appointment as minister. An EWN reporter quoted the cooperative governance minister on Twitter

President Jacob Zuma told members of the ANC’s national executive committee at the weekend that if they wanted him to step down they should tell him, the Mail & Guardian said on Tuesday. “He told us we should tell him directly if we wanted him to step down

One decision that will push the ratings agencies to downgrade South Africa to “junk status” is the approval of the nuclear procurement programme, according to emerging markets economist Peter Montalto of Nomura. South Africa is currently placed one notch

While countries vying for South Africa’s 9,6GW nuclear procurement programme talk shop at a conference outside Pretoria, events down the road could put President Jacob Zuma’s dream of nuclear in a precarious position. Deputy finance minister

The ongoing controversy between President Jacob Zuma and the Gupta family is a betrayal of South Africans’ trust, Corruption Watch said on Thursday. The organisation called for an immediate investigation into allegations that the Gupta family had offered

South Africa’s political landscape is shifting almost by the hour. The gloves are off in a power struggle that pits President Jacob Zuma against a group of reformers, led by finance minister Pravin Gordhan. It is a high-stakes drama that has profound, long-term

Deputy finance minister Mcebisi Jonas said he could no longer remain quiet about the Gupta family offering him the top job in the ministry. Jonas on Wednesday confirmed he was offered the job of finance minister before Nhlanhla Nene was removed