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
Browsing: Pravin Gordhan
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
R1,1m. That’s how much communications minister Faith Muthambi has splashed out on a brand-new BMW X5 sports utility vehicle. In a document entitled “Additional information on identified virements” for the
South Africa’s chances of repeating its escape from a junk credit rating in 2017 are in the balance as focus intensifies on tepid economic growth and simmering political tensions. S&P Global Ratings kept its assessment
Jacob Zuma’s future as president of South Africa hangs in the balance as an increasing number of his governing party’s national executive committee members backed a motion for him to step down. The move to oust Zuma has significant