Browsing: Pravin Gordhan

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Economic crisis ‘rendering SA sober’

The economic crisis following President Jacob Zuma’s treasury debacle has finally brought about a convergence of government and business, former Nedbank chairman Reuel Khoza said on Tuesday

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All eyes on Zuma for make-or-break speech

The rand weakened slightly to R15,92/US$ at 9.55am ahead of President Jacob Zuma’s state of the nation speech on Thursday, which will be watched closely by local investors hoping for a sign

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Zuma not causing rand’s slide: Gordhan

Reacting to concerns that President Jacob Zuma’s public utterances are causing the rand’s slide, finance minister Pravin Gordhan told media on Thursday that the rand does not operate on what

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SA trusts Eskom more than Zuma

South Africans trust Eskom marginally more than President Jacob Zuma, according to an Ipsos survey. Zuma scored 53,1 out of 100 (with 100 signifying a perfect reputation), while Eskom scored 53,4 points. The poll was done through 3 617 face-to-face interviews with randomly selected

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#ZumaMustFall unites thousands on social media

Social media has united thousands of South Africans who are calling for President Jacob Zuma to step down from his position as number one citizen. This comes after a number of shuffles in the vital ministry of finance were made this past week. In the latest change

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Pravin Gordhan is back as finance minister

Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago. The Presidency issued a statement on Sunday confirming the appointment. “I have received many representations to reconsider

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Cwele’s dep’t to get digital TV millions: DA

In his medium term budget policy statement, finance minister Nhlanhla Nene has allocated R620m in funding for broadcasting digital migration to the department of telecommunications and postal services and not to the department of communications

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Gov’t to tackle copper theft scourge

While the ongoing theft of copper cable continues to cost the economy billions of rand a year, government says it has placed tightening laws to deal with the problem high on its agenda. “The high prevalence of cable theft, in particular copper theft, and its consequences, has become a major

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