Browsing: Pravin Gordhan

News
Eskom to tackle bloated workforce

After a decade of unprecedented growth in staff numbers, cash-strapped power utility Eskom is finally tackling the controversial issue of its headcount. State-owned Eskom, seen by Goldman Sachs Group as the biggest single

Current affairs
Gordhan plans sweeping changes at SOEs

Extensive changes are in the offing at South Africa’s troubled state-owned companies as new public enterprises minister Pravin Gordhan moves to tackle their many management and financial failings. Power utility Eskom and

In-depth
Commission must probe Zupta broadcasting deals

Much dust has been kicked up over MultiChoice’s channel agreements with the SABC and the Guptas’ ANN7 television news channel. The claim is that these parties colluded in a form of state capture and corruption to their mutual

Current affairs
HSBC pulls plug on Gupta accounts

HSBC Holdings is shutting accounts associated with the powerful Gupta family as it assesses its exposure to the scandal gripping South Africa. The bank is conducting a wide-ranging review of any possible

Current affairs
Messy politics may drag SA down for years

South Africa is unlikely to adopt policies needed to drive growth, investment and job creation for at least several years because of infighting in the governing ANC, according to one of the country’s leading research institutions. The party

Current affairs
What happens when Zuma goes

Anyone who believes there’s a quick fix for South Africa’s political and financial malaise when President Jacob Zuma leaves office needs to think again. His successor will inherit an economy that slid into recession

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