Browsing: Nhlanhla Nene

Zuma risks everything on Gordhan fight

President Jacob Zuma is taking a gamble as he ups the ante in his battle with his finance minister Pravin Gordhan for control of the nation’s finances. If he fires Gordhan, as he told Communist Party officials

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

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

Why the rand is defying gravity

Investors are developing thick skins to political risk in South Africa. The rand is among the world’s top 10 best performers this year despite speculation that President Jacob Zuma may fire finance minister

Banks bashed in battle over Guptas

New allegations by President Jacob Zuma’s supporters that South Africa’s biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation’s financial system, including the treasury. Protestors from the

Why Zuma isn’t going anywhere

South Africa’s embattled president, Jacob Zuma, is staying put. The writing appeared to be on the wall for Zuma, 74, as recently as last week, with more than 100 ANC veterans joining labour unions, civil rights groups and opposition parties

This is the real state capture

The withdrawal of charges against finance minister Pravin Gordhan by the country’s National Prosecuting Authority brings to mind events in 2008 when a judge quashed corruption charges against current

Zuma brings shame to SA: veterans

President Jacob Zuma is at the centre of questionable behaviour that is dogging South Africa and ruining the name of the ANC, party veteran Cheryl Carolus said on Thursday. ”Our president has brought shame

The 81 CEOs who pledged support for Pravin

In a dramatic move of support for Pravin Gordhan, 81 CEOs pledged support for the finance minister days before he presents his mini budget and a week before he appears in court on fraud charges. “We stand as one for the rule

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