Browsing: Pravin Gordhan

Current affairs
Treasury working to fix economic ‘mess’

South Africa’s new national treasury director-general, Dondo Mogajane, said the institution is focused on carrying out reforms that will get the economy out of a recession and improve its credit ratings. “We are in a mess – the mess is a low growth trap

Current affairs
SA may cut spending: Gigaba

South Africa is likely to miss its 1.3% growth target this year and may have to curb spending to stick to its budget framework, finance minister Malusi Gigaba said on Thursday. “We do believe there are a number of hard decisions that will

Current affairs
ANC urges haste on state capture probe

The ANC wants an inquiry into allegations of undue influence on state officials by the Gupta family and private business to move quickly to limit damage to the party’s reputation. “It must move as fast as possible so that

Current affairs
It’s official: SA is in recession

South Africa’s economy fell into a recession for the first time since 2009 after it contracted for a second straight quarter in the first three months of the year. GDP shrank an annualised 0,7% in the first quarter

Current affairs
Zuma quashes revolt

President Jacob Zuma has reasserted his control over the ANC as a renewed revolt by some of the party’s most senior leaders fizzled out. While some members of the ANC’s national executive committee

News
Gigaba implicated in graft report

Finance minister Malusi Gigaba has been placed at the centre of efforts by President Jacob Zuma and his allies to raid state assets and reap billions of rand from government contracts, a study by eight leading academics from four of the nation’s top universities has found

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