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Fitch gives SA some breathing room

Fitch gives SA some breathing room

09/06/2016 - 12:21
Johannesburg - Ratings agency Fitch affirmed South Africa’s investment grade credit rating and maintained its stable outlook yesterday, but warned that political tensions could still derail efforts to boost growth. read more
Rand softer in nervous trade

Rand softer in nervous trade

16/05/2016 - 15:41
Johannesburg - South African government bonds weakened sharply and the rand hit a two-month low against the dollar on Monday after a newspaper report, denied by the government, that Finance Minister Pravin Gordhan faces arrest. read more
Allan Gray banking on Nene’s experience

Allan Gray banking on Nene’s experience

19/04/2016 - 10:36
Johannesburg - Asset management group Allan Gray has appointed former finance minister Nhlanhla Nene as a non-executive director, hoping to tap his strategic and leadership skills, it said on Monday (18 April). read more
Consumer confidence up, but outlook is bleak

Consumer confidence up, but outlook is bleak

13/04/2016 - 09:10
Johannesburg - South Africa’s consumer confidence index (CPI) recovered from almost 14-year lows in the first quarter, but remained in negative territory as the economic growth outlook remained bleak, a survey showed yesterday (12 April). read more
Zuma lied – there is no BRICS Bank job for Nene

Zuma lied – there is no BRICS Bank job for Nene

12/04/2016 - 14:48
Four months after being unceremoniously fired from the finance ministry, former minister Nhlanhla Nene has moved on – and taken a job in the private sector. read more
Gupta family has ‘checked out’ of South Africa: report

Gupta family has ‘checked out’ of South Africa: report

11/04/2016 - 12:29
A report in the City Press claims that the Gupta brothers, Ajay and Atul, have left South Africa for Dubai. read more
Speak out against Zuma and pay the price: Mantashe

Speak out against Zuma and pay the price: Mantashe

08/04/2016 - 09:42
ANC secretary general Gwede Mantashe has warned that ANC members who speak out against President Jacob Zuma will ‘pay the price’. read more
Obstacles loom for SA economy

Obstacles loom for SA economy

08/04/2016 - 09:31
Johannesburg - South Africa's economy has shown signs of picking up in the past two months, data showed on Thursday, but analysts say global economic weakness and domestic political tension could make the reprieve short-lived. read more
SA nuclear deal put on ice: DA

SA nuclear deal put on ice: DA

07/04/2016 - 11:57
The Democratic Alliance (DA) says that government’s nuclear procurement process has been stalled indefinitely. read more
Trevor Manuel calls on Zuma to step down

Trevor Manuel calls on Zuma to step down

06/04/2016 - 09:37
Former finance minister Trevor Manuel has called on President Jacob Zuma to step down. read more
Zuma threatens ANC detractors with a third term and their jobs

Zuma threatens ANC detractors with a third term and their jobs

04/04/2016 - 13:47
City Press reports that President Jacob Zuma and his backers have threatened those opposing the president with their jobs. read more
SA is an overtaxed nation - Outa

SA is an overtaxed nation - Outa

04/04/2016 - 12:15
Cape Town - South Africa is an overtaxed and uncompetitive country that is inching closer to junk status, according to chairperson of the Organisation Undoing Tax Abuse (Outa) Wayne Duvenage. read more
Zuma says sorry – and agrees to pay up for Nkandla

Zuma says sorry – and agrees to pay up for Nkandla

04/04/2016 - 08:40
In an address to the nation on Friday (1 April 2016), President Jacob Zuma said that he would respect the ruling of the Constitutional Court and would pay a portion of the fees for Nkandla. read more
Rand breaks back through R15 to the dollar

Rand breaks back through R15 to the dollar

31/03/2016 - 10:10
The rand has broken the R15/$ ceiling on Wednesday (30 March) after US fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies. read more
Zuma lauds SA-Saudi trade ties

Zuma lauds SA-Saudi trade ties

30/03/2016 - 08:44
Johannesburg - President Jacob Zuma yesterday lauded economic and political relations between South Africa and Saudi Arabia following his two-day official state visit to the Middle East country at the weekend. read more
State funds used to buy R1 500 doormats for Nkandla: report

State funds used to buy R1 500 doormats for Nkandla: report

29/03/2016 - 09:33
New details have emerged about how state funds were used to pay for air-conditioning, fittings, doormats, and fixtures for three houses at President Jacob Zuma’s Nkandla homestead. read more
Jonas purge could be Zuma's next move - economist

Jonas purge could be Zuma's next move - economist

22/03/2016 - 10:16
Cape Town - A Cabinet shuffle could be embattled President Jacob Zuma's next defensive move, according to emerging markets economist Peter Attard Montalto of Nomura.  read more
Rand reverses losses after rate hike

Rand reverses losses after rate hike

18/03/2016 - 10:18
Johannesburg - South Africa's rand reversed losses, rallying more than 3 percent to its strongest in more than a week after the central bank hiked interest rates amid a political showdown that has jolted President Jacob Zuma's government. read more
Zuma’s plea to business bodes well for AB InBev deal

Zuma’s plea to business bodes well for AB InBev deal

17/03/2016 - 10:52
Johannesburg - Of all the countries whose regulators need to approve Anheuser-Busch InBev’s purchase of SABMiller, only one is flirting with a potential junk-bond rating. It’s South Africa. read more
We aren’t going anywhere: Guptas

We aren’t going anywhere: Guptas

07/03/2016 - 09:29
Oakbay Investments, the holding company for the Gupta family’s businesses in South Africa, on Friday (4 March) strongly denied all reports that the Gupta brothers are leaving South Africa and relocating to Dubai. read more
Sars Wars: SA on slow-burn toward junk status - analysts

Sars Wars: SA on slow-burn toward junk status - analysts

02/03/2016 - 09:36
Johannesburg - South Africa’s tax collection agency is in the grip of a tug of war between President Jacob Zuma and Finance Minister Pravin Gordhan that’s heightening risks for a stagnating economy on the brink of a junk credit rating. read more
Gordhan's job not in jeopardy - Presidency

Gordhan's job not in jeopardy - Presidency

01/03/2016 - 09:09
Johannesburg - Finance Minister Pravin Gordhan's job is not in jeopardy, the Presidency said on Monday (29 February). read more
Hawks back off Gordhan

Hawks back off Gordhan

29/02/2016 - 09:25
There is no investigation into Finance Minister Pravin Gordhan, the Hawks confirmed yesterday (26 February), despite a series of questions sent to him about his knowledge of a so-called “rogue” intelligence unit that allegedly operated at the SA Revenue Service during his term as commissioner there. read more
Shoprite posts higher profit, but CEO warns about economy’s woes

Shoprite posts higher profit, but CEO warns about economy’s woes

24/02/2016 - 10:52
Whitey Basson, CEO of Africa’s largest grocer, Shoprite, on Tuesday (23 Feb) took aim at the government for what he said was its neglect of the basics, such as job creation, crime, and education. read more
SOEs no longer relevant will be phased out, says Zuma

SOEs no longer relevant will be phased out, says Zuma

12/02/2016 - 10:31
Cape Town - President Jacob Zuma took heed of calls from business that government should get rid of state-owned enterprises that are no longer relevant. read more
Zuma Nkandla offer an “extraordinarily bad move”: legal expert

Zuma Nkandla offer an “extraordinarily bad move”: legal expert

05/02/2016 - 11:09
A public law expert says that President Jacob Zuma’s offer to pay back some of the money he owes for his Nkandla homestead is of little legal consequence – but the political stakes are huge. read more
Nene aftershocks delay Budget

Nene aftershocks delay Budget

21/12/2015 - 11:47
Changes to the economic outlook since the cabinet sat last week - hours before the firing of Nhlanhla Nene as finance minister - mean the Treasury will have to adjust its projections before the Budget can be finalised, economists have said. read more
Brics bank a concrete reality - Zuma

Brics bank a concrete reality - Zuma

21/12/2015 - 11:19
Cape Town – The Brics New Development Bank is a concrete reality; President Jacob Zuma said his 2015 end-of-year statement on Friday. read more
Rand crashes after Zuma fires Nene

Rand crashes after Zuma fires Nene

10/12/2015 - 13:58
The rand crashed through the R15/$ level on Wednesday night after President Jacob Zuma fired Finance Minister Nhlanhla Nene and installed a relative unknown, David van Rooyen in the key portfolio. read more
Why Zuma sacked Nene according to the EFF and DA

Why Zuma sacked Nene according to the EFF and DA

10/12/2015 - 11:46
President Jacob Zuma has exercised his constitutional prerogative to appoint a new finance minister, the ANC said on Wednesday. read more
Guess who doesn’t get load shed

Guess who doesn’t get load shed

15/12/2014 - 10:22
The City Press reported that President Jacob Zuma, his cabinet, and members of parliament do not experience load shedding. read more
South Africa’s accountability fail

South Africa’s accountability fail

12/08/2014 - 13:41
From investigating alleged maladministration at local government level, all the way to corruption in the executive branch of South Africa’s government, Thuli Madonsela and her office of the Public Protector have become South African heroes. read more
Zuma must cut govt spending, urges DA

Zuma must cut govt spending, urges DA

13/06/2014 - 09:35
Cape Town - President Jacob Zuma should focus on restoring confidence in the South African economy when he takes to the podium during his State of the Nation address, the DA said last Thursday. read more
Zuma: State not main job creator

Zuma: State not main job creator

27/01/2012 - 07:37
Johannesburg - The state is not the primary job creator in South Africa, President Jacob Zuma said on Thursday.  read more