‘Dovish’ Yellen sees Rand break R15/$ – all eyes turn to ConCourt
The Rand broke the R15/$ ceiling on Wednesday after US fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies.
The Rand broke the R15/$ ceiling on Wednesday after US fed chair Janet Yellen surprised on Tuesday night with dovish comments, depreciating the dollar against most currencies.
There is nothing new about state capture. It has always been the ANC’s openly proclaimed, and profoundly unconstitutional, policy to capture the state to promote its own political and ideological interests.
South Africa’s elite ‘Hawks’ police unit has launched a corruption probe into President Jacob Zuma’s son, Duduzane, and the Guptas, a family of businessmen accused of wielding improper political influence.
On Sunday afternoon, South Africa experienced its version of Watergate. But it was a far cruder operation, arrogantly transparent.
After his excellent piece on Gordhan’s recent roadshow, we pressed Simon Lincoln Reader into providing insights into how London interprets Pretoria’s latest political furore. The conclusions are chilling.
Investor fears are mounting that Pravin Gordhan’s job is in jeopardy as he engages in a public feud with police investigators over their probe into the national tax age.
Suspended Independent Police Investigative Directorate (IPID) head, Robert McBride, will have his day in court on Wednesday.
South African Finance Minister Pravin Gordhan’s complaint of police “harassment” signaled that a deepening battle over the independence of the Treasury is overshadowing his message of policy stability to investors.
Alec Hogg says some days his job is more interesting than others. And today promises to be one of them.
Finance Minister Pravin Gordhan hit back at the Hawks saying the organisation “has no regard for the economic and social welfare of millions”.