Lead South Africa

ANC announces new NEC as, 54th National Conference wraps up

JOHANNESBURG, December 21 – Former treasurer-general of the African National Congress (ANC), Zweli Mkhize, tops the list of South Africa’s ruling party’s 80-member National Executive Committee (NEC) – the highest decision-making body. Mkhize, who shockingly withdrew from the party leadership race on Sunday for the sake of “unity”, made a strong comeback. Announcing the results in the early hours […]

Business In The News South Africa

SA banking industry hails appointment of Standard Bank’s new CEO

JOHANNESBURG, December 15 – The Banking Association of South Africa (BASA) on Friday hailed the appointment of former director-general of National Treasury, Lungisa Fuzile, as the new chief executive of Standard Bank SA as a “significant appointment” for the country’s banking industry. Standard Bank SA on Thursday, announced that Fuzile would take over the reigns as its new […]

Business In The News South Africa

Business Leadership SA welcomes Fuzile’s appointment as CEO of Standard Bank

JOHANNESBURG, December 15  – Business Leadership South Africa (BLSA) has congratulated Standard Bank Group for appointing former director-general at National Treasury Lungisa Fuzile as the new chief executive of Standard Bank SA. Fuzile quit Treasury in April after his former boss Pravin Gordhan was sacked in a cabinet reshuffle. He had served 20 years in the […]

In The News Opinion South Africa

Can the ANC be fooled again by Ramaphosa the man of many deals that serves apartheid white interest?

In a few days the African National Congress will assemble at Nasrec to mark its 54th Elective Conference where its new leadership will be elected. According to current nominations Ramaphosa the one with the broad smile, the former unionist shaped by white monopoly interest since 1978 is having an edge over his opponent Nkosazana Dlamini […]

In The News South Africa

Pravin Gordhan appointed visiting professor at Wits Business School

JOHANNESBURG, November 30 – Former finance minister Pravin Gordhan has been appointed a visiting professor at Wits University’s School of Governance effective 1 December, the institution said on Thursday. Gordhan follows in the footsteps of another former finance minister, Nhlanhla Nene, who was in June appointed acting director of the prestigious Wits Business School. “Gordhan’s strong views […]

Business In The News South Africa

Taxes, bailouts and political instability: Gigaba delivers inaugural MTBPS

JOHANNESBURG, October 23 – All eyes will be fixed on South African Finance Minister Malusi Gigaba this week when he delivers his first Medium-Term Budget Policy Statement (MTBPS) amid concerns about the fiscal challenges, widespread perceptions of government corruption and wasteful expenditure.   Gigaba, who took over the reigns of National Treasury following the controversial firing […]