Zuma’s corruption case adjourned until June
Former South African President Jacob Zuma’s corruption case was adjourned until June 8, signalling that a criminal trial may be delayed until at least the end of the year.
Former South African President Jacob Zuma’s corruption case was adjourned until June 8, signalling that a criminal trial may be delayed until at least the end of the year.
The African National Congress has dismissed the notion of bringing forward national elections that are scheduled to take place around the middle of next year, according to Ace Magashule, the party’s secretary-general.
The economic policy shifts from one of plunder and self interest to one of inclusion and growth. Hence the need to change the structure of the portfolio to focus on SA Inc.
The meeting of the ANC NEC will be held against the backdrop of growing speculation that newly elected President Cyril Ramaphosa is planning cabinet changes.
Here’s a fascinating discussion with Nick Binedell, founder and former dean of GIBS, Africa’s top business school.
South Africa’s recent history clearly illustrates how political volatility and uncertainty can ricochet in the financial arena, with predictability becoming the art of the unknown.
The ongoing volatility that rattled stocks and investors globally since last Friday, have one consequence in common: continued uncertainty.
The Rand traded below 12 per dollar on Wednesday for the first time since May 2015, extending a rally sparked by an improving domestic political environment.
With Ramaphosa winning the ANC leadership race, some positivity has been reflected in the strength on the Rand against foreign currencies, in particular the US dollar.
What a difference a day makes as South African moods heightened on the news Cyril Ramaphosa was nominated ANC president.