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The appointment of two politicians, who are seen as close to President Jacob Zuma, is an open attack on Treasury, says Nomura emerging market economist Peter Montalto.read more ...
President Jacob Zuma has fired Finance Minister Pravin Gordhan and replaced him with Home Affairs Minister Malusi Gigaba, say people familiar with the decision.read more ...
The rand is in freefall following the news of President Jacob Zuma has replaced both Pravin Gordhan and Mcebisi Jonas.read more ...
Eskom interim CEO Matshela Koko has reiterated South Africa's need for nuclear power as a source of base load energy in South Africa.read more ...
Consumers possibly have this week's "political shenanigans" to thank for the decision by the SA Reserve Bank to leave interest rates unchanged, says an investment expert.read more ...