Finance minister Pravin Gordhan has told his cabinet colleague in charge of welfare that her plan to extend a contract with a unit of Net1 UEPS Technologies would be “unlawful”, a letter
Browsing: Pravin Gordhan
With his time as leader of the ANC running out, President Jacob Zuma is gambling that a raft of populist measures can bolster his grassroots support and ensure his political survival. “Radical economic transformation” was the theme of Zuma’s
South Africa’s central bank has recommended rejecting a bid to buy Habib Overseas Bank’s local unit because of concerns about the source of the two businessmen’s income and tax declarations
New allegations by President Jacob Zuma’s supporters that South Africa’s biggest banks are frustrating efforts to address racial inequality signal an escalation of a battle for control of the nation’s financial system, including the treasury. Protestors from the
The minister of finance’s replying affidavit filed in court on Monday appears to comprehensively argue every point raised by the Oakbay group of companies and forcefully refutes the assertion that Pravin Gordhan
President Jacob Zuma is considering firing ministers who backed calls for him to step down last year and defied his instructions, according to senior leaders of the ruling ANC. The rand slumped. Zuma told the party’s national executive
The Gupta family, through its business Oakbay Investments, has blasted finance minister Pravin Gordhan for his court application seeking a declaratory order that he cannot intervene in a decision by South Africa’s big
Standard Bank has asked the high court to prevent President Jacob Zuma and any of his ministers from intervening in its decision to close accounts of companies associated with the Gupta family. The appeal goes a step further than an
Microsoft and national treasury, through the State IT Agency, have reached a new deal that government said will result in the “optimisation of Microsoft products and services within all spheres of government”. This is after the parties initiated
Opposition from Eskom and government infighting threatens to sabotage the world’s fastest growing green energy programme. Eskom is stalling on signing government-brokered deals to buy renewable energy