Browsing: Mcebisi Jonas

News
Zuma leaves SA’s credibility in tatters

President Jacob Zuma’s order for finance minister Pravin Gordhan to cancel an investor roadshow in London and the US left the nation’s credibility in tatters. The rand plunged more than any other major currency on

News
Zuma move sends rand sharply lower

The rand erased its advance to become the worst performer in emerging markets after President Jacob Zuma’s order to abort an international roadshow served as a wake-up call to the country’s political risks. The currency reversed

News
Zuma cuts short Gordhan roadshow

President Jacob Zuma has ordered finance minister Pravin Gordhan to abort a week-long roadshow meeting with investors and rating companies in London and the US, heightening concern that he’s preparing a cabinet

News
Brian Molefe now an ANC MP

Former Eskom CEO Brian Molefe was sworn in as a member of parliament for the ANC on Thursday morning. He was controversially nominated to take up an MP seat by the ANC in the North West, prompting

Current affairs
Gordhan holds line as Zuma conflict simmers

Finance minister Pravin Gordhan held his ground in a feud with President Jacob Zuma over control of the nation’s finances as he stuck to deficit targets and warned his detractors not to “mess” with the national treasury. In the budget presented

In-depth
What firing Gordhan would cost SA

Many see the decision by the ANC to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the national treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe

Current affairs
I’m not indispensable, says Gordhan

Finance minister Pravin Gordhan said he is “not indispensable” as he prepares to present the annual budget following almost a year of speculation that he might lose his job. “We are just humble civil servants,” Gordhan said in an interview

In-depth
Zuma, Gordhan battle takes centre stage

A year after President Jacob Zuma began feuding with finance minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in parliament on Wednesday

News
Guptas considered treasury a ‘stumbling block’

National treasury was a “stumbling block” to the Guptas’ business ambitions and the family asked deputy finance minister Mcebisi Jonas to sack its director-general, according to former public protector Thuli Madonsela’s “state capture” report. He would