The South African Communist party has broken ranks with the tripartite alliance and spoken out against what it believes is a political vendetta against finance minister Pravin Gordhan.
The National Prosecuting Authority has reportedly lined up more than 30 witnesses to testify against finance minister Pravin Gordhan in what many have labelled a political attack against the minister for trying to reign in government spending.
Amid speculation that Zuma wants to get rid of Gordhan, the president has come out in support of our beleaguered finance minister.
Trevor Manuel, arguably South Africa’s most successful finance minister to date, not to mention the longest-serving, believes that the current attacks on finance minister Pravin Gordhan could very well lead to a complete collapse of the economy.
The government clarified President Jacob Zuma’s role in the leadership of state owned companies (SOCs) on Tuesday, amid allegations of state capture where the Guptas use their friendship with Zuma as a way of winning contracts in the critical sector.
It is up to a new generation of economists to achieve equality and inclusive economic growth, according to Finance Minister Pravin Gordhan.
Way up sh** creek, that’s where.
Julius Malema claims that he was approached by “Zuma’s people” to join a plot to get rid of Finance Minister Pravin Gordhan.
Looks like finance minister Gordhan has had enough of the nice guy routine with SARS head and Zuma’s bestie Tom Moyane and is starting to show his teeth…
The Federation of Unions of South Africa (FEDUSA) will participate in the efforts of Minister Pravin Gordhan to strengthen economic growth through increased investment and will be attending the Roadshow to the United Kingdom (UK) and United States of America (USA) with the Minister of Finance.
The three-day trip will cost R160 000 which, according to a city spokesperson, is “in comparison to the total cost of municipal representatives travelling to Johannesburg to attend a conference for the day”.
Developed nations should stop reacting “rashly” every time the United States Federal Reserve changes its mind, finance minister Gordhan told guests at a breakfast after his budget speech.
With all the numbers and budgets and things, ain’t nobody got time for serious analysis. Twitter was on point as usual.
That’s right. At 2pm this afternoon finance minister Pravin Gordhan will kick off this year’s budget speech and the money’s going to have to come from somewhere…
The president’s screw-ups last year with regards to policy decisions could actually push government to the point where it’s forced to implement reforms in order to save the economy.
El presidente maintains that he made the right decision when he fired Nene and believes that the markets overreacted and that people – economic experts with decades of experience included – exaggerated the situation.
Our ex finance minister Pravin Gordhan has replaced Nhlanhla Nene’s replacement just days after David van Rooyen replaced him; wait… what?
South Africans are united in their approval for the cutting of ministerial perks, government luxury travel and accommodation, and State credit cards for higher-ups. But this budget’s appetite to tackle the major constraints on growth have proven to be a matter of tense debate
The scrapping of the migrant labour system in South Africa is the subject of ongoing discussion between the government and the mining companies, Deputy President Kgalema Motlanthe, Finance Minister Pravin Gordhan and Mineral Resources Minister Susan Shabangu told mine investors in London last week.