Deputy finance minister Mcebisi Jonas said he could no longer remain quiet about the Gupta family offering him the top job in the ministry. Jonas on Wednesday confirmed he was offered the job of finance minister before Nhlanhla Nene was removed
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Volatility in MTN’s share price has seen the counter add more than 42% since its 52-week low just a month ago as investors pile back in on a range of factors, including the publication in two weeks of its year-end results. From MTN’s recent low
Expect load shedding 20 hours every day if South Africa doesn’t build 20GW of new power stations within a decade, a nuclear energy proponent warned on Tuesday. “If we don’t come up with a strategy to build 20GW of coal or 20GW of
The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday
Huge Group, Adapt IT and Net1 UEPS Technologies top the list of the best performing technology shares on the JSE in 2015. In a difficult economic environment, the three counters have far outperformed the overall market, adding 95,2%, 58,5% and 55,5% respectively over the past 12 months
A Government Gazette notice published by the department of energy on 21 December has confirmed cabinet’s decision to move ahead with the 9,6GW nuclear procurement programme. This means the department
South Africans trust Eskom marginally more than President Jacob Zuma, according to an Ipsos survey. Zuma scored 53,1 out of 100 (with 100 signifying a perfect reputation), while Eskom scored 53,4 points. The poll was done through 3 617 face-to-face interviews with randomly selected
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Social media has united thousands of South Africans who are calling for President Jacob Zuma to step down from his position as number one citizen. This comes after a number of shuffles in the vital ministry of finance were made this past week. In the latest change
South Africa’s new finance minister has distanced himself from a Twitter account that has amassed several followers. One account in the name of Douglas van Rooyen, @daviddvanrooyen, had over 2 600 followers as of Friday morning and follows just two accounts, one of them being