Pravin Gordhan

South African Minister Pravin Gordhan Challenges Public Protector Report

By Jenni Baxter 10-07-19 20:14

JOHANNESBURG – South Africa’s Public Enterprises Minister Pravin Gordhan on Wednesday challenged in court a ‘Rogue Unit’ report by the Public Protector (SA’s anti-corruption watchdog) that instructed President Cyril Ramaphosa to take unspecified disciplinary action against Gordhan. Gordhan launched an urgent application to set aside the Public Protector’s report, calling it “dishonest” and “reckless”. Last […]

South Africa’s Reserve Bank Stresses Importance of Independence

By Jenni Baxter 09-07-19 17:22

The independence of the South African Reserve Bank (SARB) is paramount – providing an important check on government-controlled fiscal policy, SARB Deputy Governor Kuben Naidoo stressed on Tuesday. Naidoo’s comments – made during a public lecture – come following a high-profile row over the role of the bank. The row has seen a division in […]

Africa Free-Trade Zone One Step Closer at Major Summit

By Ted Botha 08-07-19 00:38

NIAMEY – The leaders of almost all of Africa’s 54 nations have gathered in the capital of Niger this weekend to launch a continental free-trade zone that could take Africa into a new era, creating a $3.4 trillion economic bloc. The massive new commercial bloc, known as the African Continental Free Trade Area (AfCFTA), is […]

Mboweni’s Twitter War Confirms E-Tolls Are Here To Stay

By Jenni Baxter 06-07-19 13:14

South Africans were left a little surprised by a Twitter war – aka Twar – that went down on Friday between none other than Finance Minister Tito Mboweni and Gauteng Premier David Makhura. Following comments made by Makhura regarding e-Tolls (the user-pay system on Gauteng’s freeways), Mboweni lambasted him about long-term returns, the similarity to […]

Busisiwe-Mkhwebane

Gordhan Comes Under Fire, Again, in Public Protector Probe

By Ted Botha 05-07-19 23:45

Pravin Gordhan violated the constitution by setting up a so-called “rogue unit” when he was commissioner of the country’s tax services, SARS, and the unit carried out illegal intelligence operations, Public Protector Busisiwe Mkhwebane said Friday. “There is further evidence at my disposal of the unauthorised interception of private communications of prominent members of society […]

South Africa Condemns Libya Air Strikes Which Killed 44 Mainly Migrants

By Jenni Baxter 03-07-19 23:05

The South African government has said it learnt with “deep regret” about the tragic loss of life following an airstrike on a migrant detention centre in Tripoli, Libya, that killed at least 44 people, mainly migrants. Over 130 more were left wounded according to the UN (United Nations) mission to Libya. For migrants who are […]

Billions in Mining Royalties Intended for the Poor Squandered, Stolen or Diverted

By Guest Contributor 02-07-19 00:12

Billions in mining royalties intended to uplift poor communities are potentially being squandered, stolen or diverted due to in-fighting and maladministration of these funds. That’s the conclusion of Mmashudu Masutha and Deborah Mutemwa-Tumbo, authors of Corruption Watch’s Mining Royalties Research Report 2018, which examined communities in Limpopo and North West provinces and found that the payment […]

Ramaphosa Has Invoked Either Fear or Cynicism: Both Are Off the Mark

By Guest Contributor 28-06-19 11:05

Throughout the world, people who follow politics are fixating on leaders. South Africa follows the trend and so President Cyril Ramaphosa has become an obsession. Ramaphosa, of course, replaced Jacob Zuma, who was associated with patronage politics and “state capture”, handing over public power to (wealthy) private people. Ramaphosa’s presidency was greeted with brief enthusiasm […]

Ramaphosa Eyeing Investment for South Africa at Japanese G20 Summit

By Ted Botha 27-06-19 22:03

Increased foreign investment in South Africa will be high on the agenda when President Cyril Ramaphosa joins other international leaders for the annual G20 summit in Osaka, Japan, tomorrow and on Saturday. It is the G20’s twentieth anniversary. In a statement issued on Wednesday, the Presidency said South Africa would try secure financial and other […]

Government Condemns Police Killings, Promises Action

By Ted Botha 27-06-19 18:33

Twenty-six police officers in South Africa have been killed since the beginning of 2019, and the government has pledged to take action to find the guilty parties and bring them to justice. Nine people have already been given life sentences for these crimes. Addressing a post-Cabinet media briefing in Pretoria on Thursday, Minister in the […]

South Africa’s Mminele Quits as Reserve Bank Deputy Governor

By Reuters 27-06-19 16:20

Daniel Mminele will retire as deputy governor of the South African Reserve Bank at the end of the month after 10 years in the job, the Reserve Bank said on Thursday, making him the third member of its policy committee to quit the regulator recently. Mminele’s retirement follows the departure of fellow deputy governor Francois […]

jacob zuma sick note jokes

WATCH Jacob Zuma Shares Prison Memory Triggered by Mabena Video

By SAPeople 25-06-19 09:45

The videos of a soldier called Mabena that have been going viral in South Africa the last few days, have triggered a memory from 1963 in the country’s former president Jacob Zuma. Zuma took to Twitter to share the memory of when he was arrested and interrogated in a police cell in Pretoria. He said: […]

Don’t Expect Debt Relief, United States Warns Africa

By Reuters 24-06-19 16:13

African countries running up debt they won’t be able to pay back – including to China – should not expect to be bailed out by western-sponsored debt relief, the United States’ top Africa diplomat warned. The International Monetary Fund and World Bank began the Heavily Indebted Poor Countries (HIPC) Initiative in 1996 to help the […]

Repo rate rises to 4%

South Africa’s Reserve Bank Expected to Cut Rates Soon

By Reuters 21-06-19 14:24

South Africa’s Reserve Bank will probably cut interest rates next month or in September to boost the country’s economy, a Reuters poll found on Friday. A median forecast from 24 economists, polled this week, suggests the economy will grow 0.6% this year, slower than last year’s 0.8% and weaker than the 1.1% predicted in a […]

THIS WEEK IN SA: #Sona Trumped by #ZindziMandela

By SAPeople Contributor 17-12-20 01:41

How did you feel about #Sona, and how is it possibly not the top story? #ZindziMandela’s comments on Twitter made more impact than #Sona2019.  #Zindzi started a heated discussion surrounding land just before the Presidential event and Twitter rose to her defence while others were furious at her commentary (which included insults like calling white […]

Rand Falls After Ramaphosa Speech Seen Lacking Details

By Reuters 21-06-19 09:45

JOHANNESBURG – South Africa’s rand weakened against the dollar in early trade on Friday, as markets digested President Cyril Ramaphosa’s state of the nation address (SONA) which some analysts said lacked detail on how he plans to fix the ailing economy. At 0640 GMT, the rand traded at 14.3800 per dollar, 0.2% weaker than its […]

President Announces 7 Priorities to Take South Africa Forward

By SAPeople 20-06-19 21:33

In a speech delivered at a time of great economic difficulty, President Cyril Ramaphosa has announced seven priorities that he believes will fast track South Africa’s path to prosperity. Delivering his third State of the Nation Address (SONA) in Parliament on Thursday evening, the President said the time for idle talk was now over – […]

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