Browsing: Nomura International

With his job on the line, fraud charges hanging over his head and university students rioting for free education, finance minister Pravin Gordhan’s resolve to maintain fiscal discipline and avoid a junk credit

Power utility Eskom is 21 days from going broke, the minister of public enterprises has confirmed. “Eskom will run out of money by the end of January,” minister Lynne Brown said this week. Brown confirmed the “pressure on the company’s liquidity