Browsing: Pravin Gordhan

South Africa’s ruling party said the nation’s presidency should have stronger powers to drive government policy and allocate budget resources. “The presidency must be strengthened as the strategic centre of power in the state

National treasury will not act illegally and approve a new welfare distribution deal with Net1 UEPS Technologies unless it has been sanctioned by the country’s constitutional court, the spokesman for the country’s ruling party said

South African welfare minister Bathabile Dlamini denied she was responsible for failing to ensure plans are in place to dispense welfare grants to more than 17m people when an existing disbursement contract with Net1

A stronger rand and falling inflation expectations may allow South African Reserve Bank governor Lesetja Kganyago to start cutting interest rates this year as long as political developments don’t derail the currency’s gains. Higher commodity prices and

South Africa plans to bring in a new welfare payments system over the next two years and hasn’t yet signed a new interim contract with Net1 UEPS Technologies, the government said on Sunday. Cash Paymaster Services, a unit of Net1, will

South Africa is fast approaching a crossroads at which it must choose between structural reform and a lurch to populist nationalism. So, too, is its governing ANC, which later this year must elect a successor to its president, Jacob Zuma. With

South Africa’s welfare agency said it withdrew its application to the nation’s highest court to extend a payment distribution contract with Net1 UEPS Technologies the day after it filed it. That’s added to

Government is facing a legal demand that a planned renewal of a welfare distribution contract with Net1 UEPS Technologies should be supervised by South Africa’s top court after the state failed

Former Eskom CEO Brian Molefe was sworn in as a member of parliament for the ANC on Thursday morning. He was controversially nominated to take up an MP seat by the ANC in the North West, prompting

Finance minister Pravin Gordhan held his ground in a feud with President Jacob Zuma over control of the nation’s finances as he stuck to deficit targets and warned his detractors not to “mess” with the national treasury. In the budget presented