Telkom can now procure goods and services without having to go through the very public tendering process mandated by the Public Finance Management Act, a development that will help it keep its strategic plans out of the public
Browsing: Pravin Gordhan
South Africa’s rand is overvalued and has little chance of strengthening in the next year due to the policies of President Jacob Zuma’s “populist” government, according to the currency’s best forecaster for the past four quarters. Instead it may
Gupta-owned Sahara Computers CEO Stephan Nel on Tuesday opened a case of intimidation after an anonymous person allegedly phoned to warn him against approaching finance minister Pravin Gordhan for assistance regarding Oakbay’s blacklisted
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
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
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
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
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
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
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