Azar Jammine: Answering big money movers’ question – will Gordhan be fired?
Right now, there is only one question those who control international capital flows are concerned with: Is Pravin Gordhan going to be fired?
Procurement
Procurement Tzar attacks corrupt tenders, blocks R50m job awarded for R378m
South Africa’s new chief procurement officer Kenneth Brown told Parliament yesterday he blocked a Prisons Department contract worth R50m awarded for over seven times that much.
Hope Springs: Pravin’s Procurement revolution kicks into gear
During his Budget Speech last month Pravin Gordhan said it will start stripping R25bn a year in wastage from the public sector’s R500bn annual procurement.
China manufacturing slumps again in November – QE Beijing style coming
China’s manufacturing growth skidded to an eight-month low in November, an official survey showed Monday, fuelling speculation authorities will take further steps to stimulate the world’s second-largest economy.
SA’s PMI rises to 51.1 in August, ends 4-month contraction
JOHANNESBURG, Sept 3 (Reuters) –Â South Africa’s HSBC Purchasing Managers’ Index (PMI) rose to 51.1 in August from 46.4 in July, snapping a four-month contraction after the resolution of a protracted strike among metals and engineering workers. Demand improved in the month while output stabilised and new orders expanded slightly, but new export orders contracted, pointing … Read more