Browsing: Jacob Zuma

President Jacob Zuma signed the Criminal Matters Amendment Act 2015 into law on Monday, the presidency said, a move that spells bad news for cable and scrap metal thieves. The act amends the Criminal Procedure Act of 1977 and introduces harsher sentences

President Jacob Zuma’s cabinet has denied claims that it secretly approved the start of the nuclear procurement programme during its meeting just before finance minister Nhlanhla Nene was fired last Wednesday. Business Day journalist

The firing of Nhanhla Nene and his replacement with inexperienced David van Rooyen at the behest of President Jacob Zuma was the type of political decision-making that was set to have

Social media has united thousands of South Africans who are calling for President Jacob Zuma to step down from his position as number one citizen. This comes after a number of shuffles in the vital ministry of finance were made this past week. In the latest change

Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago. The Presidency issued a statement on Sunday confirming the appointment. “I have received many representations to reconsider

South Africa’s new finance minister has distanced himself from a Twitter account that has amassed several followers. One account in the name of Douglas van Rooyen, @daviddvanrooyen, had over 2 600 followers as of Friday morning and follows just two accounts, one of them being

Local and international markets have reacted aggressively to the axing of the “capable finance minister” Nhlanhla Nene, according to TreasuryOne. International markets have displayed their

The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister and replaced him with largely unknown David van Rooyen. By midnight, the rand was trading at