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‘Rot has set in’: Ramaphosa

‘Rot has set in’: Ramaphosa

A crisis has emerged in South Africa and “the rot has set in” within the ruling ANC, deputy President Cyril Ramaphosa said on Sunday. “Corruption must be rooted out” and anyone found

Give Gigaba time: Kganyago

Give Gigaba time: Kganyago

Newly appointed finance minister Malusi Gigaba should be given time to settle into the job before being judged on his performance, according to central bank governor Lesetja Kganyago. President Jacob Zuma’s decision to fire Pravin Gordhan as finance

ANC split threatens Zuma’s succession plans

ANC split threatens Zuma’s succession plans

As South Africa faces its worst political crisis in a decade with thousands of protesters demanding President Jacob Zuma’s ouster, a key battle to determine who will succeed him is raging on his home turf. The eastern KwaZulu-Natal region

Protestors rally in second anti-Zuma march

Protestors rally in second anti-Zuma march

Thousands of people rallied in South Africa’s capital to call for President Jacob Zuma to resign in the second major demonstration against him in less than a week. The rand strengthened. At least 10 000 people were

Factions ‘tearing ANC apart’

Factions ‘tearing ANC apart’

Factions within the ANC are threatening to tear apart the party which has governed the country since the end of apartheid in 1994, according to its treasurer-general, Zweli Mkhize. “There is need for leadership to dismantle

Sacked ministers resign as MPs

Sacked ministers resign as MPs

Two former members of President Jacob Zuma’s administration resigned as lawmakers for the ruling ANC before this month’s debate of a motion of no confidence in the nation’s leader. Former transport minister Dipuo

Zuma survives ANC recall

Zuma survives ANC recall

President Jacob Zuma survived calls to resign by members of the ruling party following his decision to fire his finance minister and stack the cabinet with loyalists, according to two people with knowledge of the matter. The rand pared earlier gains. At a Tuesday meeting in Johannesburg of the ANC’s national working committee, Zuma rejected […]

SA should copy Brazil and impeach Zuma

SA should copy Brazil and impeach Zuma

The news that South Africa’s sovereign rating has been downgraded caught many by surprise. But it was long coming. The main reason for the rating agency’s decision is clearly concerns about political leadership

Treasury DG wants to quit: sources

Treasury DG wants to quit: sources

The head of national treasury, Lungisa Fuzile, has asked to leave his post at the end of this month, a year before his contract runs out, according to three people with knowledge of the matter. Fuzile, 51, informed

Baptism of fire awaits Malusi Gigaba

Baptism of fire awaits Malusi Gigaba

South Africa’s new finance minister, Malusi Gigaba, will have to steer an economy that’s barely growing, fend off a junk credit rating and reassure investors that he’ll protect the national treasury’s

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