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
Browsing: Mcebisi Jonas
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
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
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
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
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
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
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
President Jacob Zuma and some ministers may have breached the government’s code of ethics in their dealings with the Gupta family and prosecutors must investigate possible crimes that may have been committed, the nation’s graft ombudsman said
National treasury will ensure it protects South Africa’s fiscal integrity with regard to South Africa’s nuclear procurement plan. Deputy finance minister Mcebisi Jonas told media on Wednesday that treasury will