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
Browsing: Pravin Gordhan
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
South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned that continued political instability could result in a downgrade. The ratings for foreign currency
South Africa’s decision to stall plans championed by President Jacob Zuma to build nuclear plants has exposed his waning authority. News of the delay came on Tuesday when the department of energy said additional atomic power won’t come on stream
National treasury and Telkom have concluded negotiations on the existing contract for fixed-line telecommunications services for national and provincial departments. In a statement on Monday, national treasury said the
A political firestorm over an aborted attempt to charge finance minister Pravin Gordhan with fraud has ignited a power struggle between the head of a special police unit that carried out the investigation and the
South Africa’s embattled president, Jacob Zuma, is staying put. The writing appeared to be on the wall for Zuma, 74, as recently as last week, with more than 100 ANC veterans joining labour unions, civil rights groups and opposition parties
The withdrawal of charges against finance minister Pravin Gordhan by the country’s National Prosecuting Authority brings to mind events in 2008 when a judge quashed corruption charges against current
President Jacob Zuma is at the centre of questionable behaviour that is dogging South Africa and ruining the name of the ANC, party veteran Cheryl Carolus said on Thursday. ”Our president has brought shame