Browsing: Nhlanhla Nene

News
Zuma wants witness list in Gupta probe

President Jacob Zuma has requested permission to question witnesses and the opportunity to present his evidence in the investigation by public protector Thuli Madonsela into the alleged involvement of the Gupta family

In-depth
Growing worries over SA’s nuclear plans

Nuclear energy in South Africa is a highly contentious issue. The decision on whether to proceed with the construction of a fleet of nuclear power plants is destined to become the financially most far-reaching and consequential defining

In-depth
SA’s treasury battles SOEs

As South African finance minister Pravin Gordhan tries to fend off a police investigation, his department is engaged in open conflict with key state-owned companies over their management and spending plans. Threatened court action by the national

News
ANC risks tearing itself apart

Splits in South Africa’s ruling party over a police investigation of the finance minister are marking the battle lines for control of the ANC after President Jacob Zuma steps down as its leader next year. The tension within the party

News
Rand will ‘buckle’ if Gordhan charged

South Africa’s credit rating would be cut and the rand would “buckle” if finance minister Pravin Gordhan is removed from his post, according to Goldman Sachs. The currency has slumped 6,2% since 23 August

In-depth
SA the big loser as Zuma goes for broke

Stung by his ruling party’s worst electoral performance since the end of apartheid, President Jacob Zuma is going for broke in a battle to maintain his grip on power. The first casualties have been the rand and

News
Gordhan refuses to report to Hawks

Finance minister Pravin Gordhan said that he had done nothing wrong by authorising the establishment of a special investigative unit when he headed the national tax agency and he wouldn’t obey a police instruction to present

News
Rand extends losses on Gordhan exit fears

South African bonds plunged the most since December and the rand weakened for a second day after a report said finance minister Pravin Gordhan had been summoned by police, raising concern the national

News
PIC’s R99bn Nenegate loss ‘normal’: Zuma

President Jacob Zuma views the fact that the Public Investment Corp lost R99bn within 48 hours after the sacking of former finance minister Nhlanhla Nene in December last year as a “normal” economic phenomenon. The Democratic Alliance’s shadow

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