Browsing: Pravin Gordhan

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

South Africa’s wealthiest individuals will bear the brunt of higher taxes introduced by finance minister Pravin Gordhan to plug a revenue shortfall as economic growth falters. The top marginal income-tax rate for about

Government budgets across the world are often delivered with some fanfare. South Africa is no exception. In February every year, South Africa’s minister of finance presents his budget speech to parliament amid national excitement. As the

Many see the decision by the ANC to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the national treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe

Finance minister Pravin Gordhan said he is “not indispensable” as he prepares to present the annual budget following almost a year of speculation that he might lose his job. “We are just humble civil servants,” Gordhan said in an interview

A year after President Jacob Zuma began feuding with finance minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in parliament on Wednesday

Brian Molefe is set to become a member of parliament for the ANC, prompting speculation that President Jacob Zuma intends installing the former Eskom CEO as the new minister of finance, replacing Pravin Gordhan. Parliament said late

Investors are developing thick skins to political risk in South Africa. The rand is among the world’s top 10 best performers this year despite speculation that President Jacob Zuma may fire finance minister