Browsing: Malusi Gigaba

News
Treasury, PIC at odds over Telkom sale

National treasury is pressuring the continent’s biggest money manager to provide as much as R100bn to fund struggling state companies, according to two people with knowledge of the situation. The Public Investment Corp, which

News
State mulling various options for Telkom sale

Telkom said government is considering various options regarding its 39% stake in the fixed-line operator as it seeks to raise cash to bail out the country’s unprofitable national airline. The state’s shares in the former

News
Gov’t may consider Telkom sale

Government may be forced to sell part of its stake in Telkom to fund South African Airways, it was reported on Friday. News24 reported finance minister Malusi Gigaba as saying saying that government

News
SA to deepen support for Eskom

South Africa will extend more support to beleaguered state-owned power utility Eskom and is considering selling assets as part of a 14-point plan to revive an economy that’s in its second recession in almost a decade. The country will

Current affairs
SA may cut spending: Gigaba

South Africa is likely to miss its 1.3% growth target this year and may have to curb spending to stick to its budget framework, finance minister Malusi Gigaba said on Thursday. “We do believe there are a number of hard decisions that will

Current affairs
The contenders to succeed Zuma

The battle to replace South African President Jacob Zuma as the leader of the ANC in December is taking place at one of the most difficult junctures in the 105-year-old party’s history. It’s plagued by infighting and suffered its

News
Gigaba implicated in graft report

Finance minister Malusi Gigaba has been placed at the centre of efforts by President Jacob Zuma and his allies to raid state assets and reap billions of rand from government contracts, a study by eight leading academics from four of the nation’s top universities has found

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