JOHANNESBURG, October 9 – South Africa’s main opposition Democratic Alliance said on Tuesday corruption watchdog the Public Protector would, at its request, investigate beleaguered Finance Minister Nhlanhla Nene. Nene has faced growing calls to resign over his involvement with the controversial Gupta family, and last Friday apologised for not disclosing early and fully the details of […]
JOHANNESBURG, October 8 – Economic Freedom Fighters (EFF) leaders Julius Malema on Monday wrote a strongly-worded letter to President Cyril Ramaphosa asking him to relieve Finance Minister Nhlanhla Nene of his duties due to his association with the Gupta family, saying that the country’s economy would not be stimulated under a “compromised minister of finance”. […]
JOHANNESBURG, October 5 – Finance Minister Nhlanhla Nene on Friday apologised for not disclosing early and fully the details of his meetings with the controversial Gupta family, saying he realised his visits to their Saxonwold compound cast a shadow on his conduct as a public office bearer. “I deeply regret these lapses and beg your […]
JOHANNESBURG, October 4 – The Economic Freedom Fighters (EFF) on Wednesday dismissed Finance Minister Nhlanhla Nene’s testimony at the state capture commission of inquiry as lies. The party said Nene never replied to its inquiry about his relationship with the controversial Gupta family. ”The EFF raised the matter in the Standing Committee on Finance [in […]
JOHANNESBURG, October 3 – Finance Minister Nhlanhla Nene has testified that contrary to assertions by the Economic Freedom Fighters (EFF), he did reply to their letter sent in May this year, in which he denied allegations that he was the gateway for the Guptas to access Public Investment Corporation (PIC) funding. Testifying in the state […]
JOHANNESBURG, October 3 – Finance Minister Nhlanhla Nene is expected in the witness stand when the state capture inquiry, led by deputy chief justice Raymond Zondo, resumes on Wednesday. Nene is expected to be questioned on possible links to the controversial Gupta family, which the commission has heard was central to several dodgy deals […]
JOHANNESBURG, September 27 – The Democratic Alliance held a picket outside the state capture commission of inquiry premises in Parktown, Johannesburg on Thursday calling on leaders of the governing African National Congress (ANC) to come forward and testify. DA leader Mmusi Maimane said state capture and corruption was a policy of the ANC. He demanded […]
CAPE TOWN, August 10 – The panel on value-added tax (VAT) has submitted its report and recommended that white bread, flour, school uniforms, nappies and sanitary towels should be made zero-rated items, the finance ministry said on Friday. “The panel further recommends that government should expedite the provision of free sanitary products to the poor and […]
CAPE TOWN, July 25 – Finance Minister Nhlanhla Nene met with the board of the Public Investment Corporation (PIC) on Wednesday and informed them of an independent inquiry into the affairs of the institution which manages pension funds on behalf of South African government employees, a statement from Treasury said. Nene has been under pressure […]
CAPE TOWN, July 23 – Finance Minister Nhlanhla Nene on Monday said he would address troubled governance at the Public Investment Corporation and the future of its CEO Dan Matjila before the end of the week. In a statement issued by National Treasury, Nene said he would do after he had met with the board […]