Zuma says no war against Gordhan – then attacks newspaper with inside track
The Hawks have denied a report that an investigation involving Finance Minister Pravin Gordhan has been transferred to another part of the force.
The Hawks have denied a report that an investigation involving Finance Minister Pravin Gordhan has been transferred to another part of the force.
South Africa will not turn into “another Venezuela”, Finance Minister Pravin Gordhan said in Parliament on Thursday.
Standard & Poor’s is concerned about South Africa’s dismal economic growth and its reliance on capital flows.
Jumping into the ring, political analyst Daniel Silke says Finance Minister Pravin Gordhan definitely won round one with Moody’s.
While Dave Steward agrees with Moody’s decision to leave South Africa’s credit rating unchanged, he highlights areas of concern that could have a far greater influence on future ratings.
South Africa’s unemployment rose to 26.7 percent in the first quarter – the highest level since the labour force survey began in 2008.
At the core is the proposed R1 trillion nuclear procurement deal, an ill-considered, unaffordable project that SA President Jacob Zuma is determined to push through.
Finance Minister Pravin Gordhan met up with around 60 business CEOs last week, in an attempt to galvanise the crew and find solutions to the country’s problems.
Well-known economist Peter Attard Montalto says hard decisions need to be made as nothing has been said yet that’ll save South Africa from junk status.
South Africa was recently downgraded by Fitch to BBB-, one notch above the dreaded junk. Rosamund Hutt talks all things credit ratings and tells us what they actually mean for a country.