Scepticism is mounting that the alleged masterminds of South Africa’s biggest-ever embezzlement of state funds will ever be held to account.
Browsing: Nhlanhla Nene
President Cyril Ramaphosa appointed former central bank Governor Tito Mboweni as his finance minister on Tuesday, replacing Nhlanhla Nene.
South African bond yields climbed to the highest this year and the rand weakened to a one-month low as traders digested news that finance minister Nhlanhla Nene has offered to resign.
Finance minister Nhlanhla Nene said he met repeatedly with members of the Gupta family, who have been implicated in a corruption scandal related to former President Jacob Zuma.
A proposed South African stimulus package will include a set of economic reforms covering the mining, telecommunications, tourism and transport industries, the presidency said.
Eskom published a JSE stock exchange announcement earlier this week warning its bondholders that there may be more bad news relating to irregularities when it releases its financial results for the year ended
South Africa’s cash-strapped power utility is “a threat” to the nation’s investment strategy, finance minister Nhlanhla Nene said on Thursday. The government plans to offer incentives to lure $100-billion
National treasury has recommended that Net1 UEPS Technologies be paid 24% less than it’s requesting for a six month extension to pay social welfare grants at cash pay points. In documents submitted to the constitutional
South Africa’s economic growth accelerated for the first year in four in 2017 as agricultural output surged following a recovery in output after the worst drought in more than a century. GDP expanded 1.3% last year, more
President Cyril Ramaphosa reshuffled his cabinet late on Monday evening. He appointed Nomvula Mokonyane as the new minister of communications, replacing Mmamokolo Kubayi-Ngubane. The ministry of