Browsing: Pravin Gordhan

Gupta bosses ambush Gordhan on live radio

Four executives of four Gupta-owned companies ambushed finance minister Pravin Gordhan on PowerFM on Sunday night with questions focusing on the blacklisting of their bank accounts. In his response, Gordhan revealed for the

Crooks use Gordhan’s name to peddle scams

Are you aware of a fund at national treasury that could hold US$9,5m of money owed to you? Neither is treasury. They are aware, however, of an apparent 419 scam that is once again doing the rounds in finance

SA clears final ‘junk’ hurdle

Ratings agency Fitch on Wednesday affirmed South Africa’s investment grade credit, and surprisingly kept its outlook stable, but it warned that political and growth concerns should be addressed. This follows rating reviews by Moody’s

Rand seesaws on slew of news

The quick succession of news that South Africa’s economy shrank by 1,2% in the first quarter of 2016 followed by news that ratings agency Fitch had spared the country from junk status sent the rand on a quick roller-coaster ride

New twist in dodgy prisons IT tender

Correctional services minister Michael Masutha has been interdicted from acting against a controversial R378m tender given to an ANC benefactor. National treasury found that the correctional services

Current affairs
I’m not at war with Gordhan: Zuma

The presidency on Friday condemned what it called a “toxic narrative” in the media about a war between President Jacob Zuma and finance minister Pravin Gordhan. The narrative that Zuma wanted to take control of national treasury was being peddled

SA not another Venezuela: Gordhan

South Africa will not turn into “another Venezuela”, finance minister Pravin Gordhan said in parliament on Thursday. “We are miles away from Venezuela. We are a well-managed fiscus,” Gordhan said at the end of a long debate on South Africa’s economy

Accenture to take over Tshwane metering project

The City of Tshwane has confirmed the appointment of global professional services company Accenture to replace PEU Capital Management as service provider for its controversial smart metering project. AfriBusiness, which is challenging

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