South Africans have taken to social media to voice their displeasure at President Jacob Zuma’s shock announcement to remove Nhlanhla Nene as finance minister. Within 24 hours, the hashtag
Browsing: Nhlanhla Nene
Local and international markets have reacted aggressively to the axing of the “capable finance minister” Nhlanhla Nene, according to TreasuryOne. International markets have displayed their
The rand tanked to its lowest level yet against major currencies on Wednesday evening, shortly after President Jacob Zuma removed Nhlanhla Nene as finance minister and replaced him with largely unknown David van Rooyen. By midnight, the rand was trading at
President Jacob Zuma on Wednesday announced the removal of finance minister Nhlanhla Nene from the finance portfolio in cabinet. “I have decided to remove Mr Nhlanhla Nene as minister of finance, ahead of his deployment to another strategic position,” Zuma said in a
South Africa’s economy grew marginally, by 0,7%, in the third quarter of 2015, Statistics South Africa announced on Tuesday. The GDP announcement comes after a second quarter contraction
Finance minister Nhlanhla Nene had not discussed the MTN-Nigeria crisis with a counterpart in Nigeria because a cabinet in that country had not yet been appointed, minister in the presidency Jeff
Government proposes to use a R2bn portion from its sale of Vodacom shares for South Africa’s initial capital contribution to the New Development Bank. The share sale is expected to yield
Finance minister Nhlanhla Nene has announced a new government procurement website and other measures aimed at making it more efficient for the state to procure good and services. In his medium-term
Finance minister Nhlanhla Nene plans to shift R1bn for the roll-out of broadband infrastructure and broadcast digital migration. This is according to government’s medium term budget policy
National treasury has allocated R200m to the department of energy for preparatory work to consider the costs, benefits and risks of building four more nuclear power stations in South Africa, it