Browsing: Pravin Gordhan

Cyril takes the gloves off

Deputy President Cyril Ramaphosa has taken the gloves off in the contest to become South Africa’s next leader, delivering a scathing speech criticising “the rot” and widespread patronage plaguing the ANC. Ramaphosa stopped short

Zuma’s survival plan: keep power in family

President Jacob Zuma may maintain his political clout well after he relinquishes office if his ex-wife and mother of four of his children, Nkosazana Dlamini-Zuma, succeeds him. While Zuma, 75, hasn’t openly anointed

Current affairs
Give Gigaba time: Kganyago

Newly appointed finance minister Malusi Gigaba should be given time to settle into the job before being judged on his performance, according to central bank governor Lesetja Kganyago. President Jacob Zuma’s decision to fire Pravin Gordhan as finance

Gigaba aide calls for nationalisation

An adviser to South Africa’s new finance minister advocated the state takeover of banks, mines and insurance companies in a newspaper editorial, two weeks after President Jacob Zuma’s ouster of Pravin Gordhan shocked investors

Editor's pick
Trouble brewing in SA’s renewables sector

The renewable energy sector was notified in a short note – sent at 4.25pm on Friday – that the financial close of 37 outstanding independent power projects would not take place on Tuesday, 11 April as planned. No new date has been set and

Mounting pressure on Zuma to quit

A week after President Jacob Zuma appeared to have weathered calls to resign, former leaders of the ANC are ratcheting up pressure on him to quit after his shock cabinet purge prompted two ratings agencies to downgrade the

Vodafone CEO upbeat about SA ICT policy

Vodafone Group CEO Vittorio Colao is optimistic that a breakthrough is near regarding government’s controversial ICT policy white paper, saying a “hybrid” model proposed by local mobile operators, including Vodafone

Now Fitch downgrades SA to junk

South African debt got dealt a second blow in a week as Fitch Ratings joined S&P Global Ratings and cut the nation’s credit assessment to junk following President Jacob Zuma’s move to fire his well-respected finance minister. Fitch

‘Zuma must go!’: SA hits the streets

Tens of thousands of protesters marched in South Africa to demand that President Jacob Zuma resign after he fired the finance minister and reshuffled the cabinet. Marchers chanting “Zuma must go” in Pretoria walked to

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