Pravin Gordhan appointed as new minister of finance
Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago.
View ArticleZuma only changed his mind when his position was threatened: analyst
Political analyst Aubrey Matshiqi said President Zuma first asked Nhlanhla Nene to return to his post, but he declined.
View ArticleThis is how everyone turned on Zuma: report
Everyone from business leaders to high-ups in the ANC moved against president Jacob Zuma to reverse the damage done by his axing of former finance minister, Nhlanhla Nene.
View ArticleSouth African finance ministers’ qualifications: 1994 to 2015
South Africa has had three finance ministers in less than a week – here is a look at the qualifications of SA's finance heads since 1994.
View ArticleExpect a big DStv price hike in April
The dramatic decline in the value of the rand will have had a tremendous impact on MultiChoice's DStv.
View ArticleUnlike other ANC MPs, Nhlanhla Nene can actually get a job
What distinguishes Nhlanhla Nene from other MPs, said an economist, is his employability.
View ArticleRand breaks through R15/$
The rand has broken through R15 to the US dollar – the first time the rand has traded at these levels since Zuma fired former finance minister Nhlanhla Nene in December 2015.
View ArticleRand strengthens as Zuma responds to Nkandla ruling
The rand strengthened on Friday night on speculation that President Jacob Zuma would announce his resignation.
View ArticleHow prices increased in South Africa after Zuma took over
Over the last few years the rand has declined significantly against major currencies, which means South Africans are paying far more for many products in the country.
View ArticleWarning of South African junk status downgrade if Gordhan exits
South Africa will face a near certain credit rating downgrade to junk status if finance minister Pravin Gordhan suffers a similar fate as his predecessor, respected academic warns.
View ArticleHow Zuma broke the rand
The South African rand is the worst-performing currency out of 31 major and developing-nation currencies monitored by Bloomberg.
View ArticleThree graphs which show how Zuma wrecked South Africa’s economy
President Jacob Zuma has done incredible harm to the economy, with the firing of finance minister Pravin Gordhan the latest blow.
View ArticleEskom chair quits “in the good interest” of South Africa
Eskom chairperson Zethembe Khoza confirmed to Fin24 on Saturday that he submitted his resignation to Minister of Public Enterprises Lynne Brown on Friday and he's waiting for her to accept it.
View ArticleSouth African finance minister Nhlanhla Nene quits – replaced by Tito Mboweni
President Cyril Ramaphosa announced the appointment of a new finance minister today.
View ArticleSouth African presidents’ qualifications: 1994 to 2018
Under Jacob Zuma’s presidency South Africa’s economy and state institutions were crushed, and it is easy to see why.
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