Jeff Radebe, minister for planning, monitoring & evaluation, opened a can of worms on Thursday when he said three cabinet ministers held meetings with South Africa’s four big banks to get reasons why they decided to close the bank account of the
Browsing: Pravin Gordhan
Former finance minister Nhlanhla Nene has been appointed a non-executive director at Allan Gray. A spokesman at the company told City Press that Nene was appointed at a board meeting on
National treasury was praised for managing to attract interest in its new US$1,25bn 10-year bond issuance on the international capital market on Friday. South Africa issued its first international bond in two years on Thursday to fund its budget
The constitution is the social contract between government and the people and it determines how the country moves towards a better future, finance minister Pravin Gordhan said on Monday. “Once our actions are seen to be incongruent with this
The South African Revenue Services (Sars) has never collected more than a trillion rand in taxes before — until now. “Gross tax revenue for the fiscal year came in at R1,0699 trillion or R0,2bn more than the February estimate,” Sars commissioner
KPMG has terminated its business relationship with the Gupta business empire due to the political storm surrounding the family’s friendship with President Jacob Zuma. KPMG was the auditor for all Gupta-owned and -controlled businesses
The rand has broken the R15/US$ ceiling on Wednesday after US Fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. “A need for caution is all it took from Janet Yellen in a speech
Finance Minister Pravin Gordhan has answered the Hawks questions regarding the alleged South African Revenue Services “rogue” unit on Wednesday, stating that the unit acted lawfully as far as he is aware. “I am advised that the Sikhakhane Panel
The following is the full and unedited text of a statement issued by finance minister Pravin Gordhan, in which he explains how he has answered a set of questions from the Hawks regarding the establishment of a so-called “rogue” unit at the South African
While countries vying for South Africa’s 9,6GW nuclear procurement programme talk shop at a conference outside Pretoria, events down the road could put President Jacob Zuma’s dream of nuclear in a precarious position. Deputy finance minister