CAPE TOWN, October 9 – Former Reserve Bank governor Tito Mboweni was on Tuesday sworn in as South Africa’s new finance minister after President Cyril Ramaphosa accepted Nhlanhla Nene’s resignation as finance minister. Nene fell on his sword in a letter to the president on Tuesday after confessing that he had met repeatedly with the […]
JOHANNESBURG, October 9 – President Cyril Ramaphosa will on Sunday hand over 4,586 hectares of land to the community of KwaMkhwanazi in Empangeni, KwaZulu-Natal. “The KwaMkwanazi community will receive title deeds as well as post-settlement packages and support that will assist the community in leveraging the potential wealth of the land and managing the land […]
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 8 – President Cyril Ramaphosa should accept Finance Minister Nhlanhla Nene’s reported offer to resign over the controversy surrounding his visits to the controversial Gupta family, the main opposition Democratic Alliance said on Monday. Nene last Friday apologised for not disclosing early and fully the details of his meetings with the family, saying he […]
PRETORIA, October 6 – President Cyril Ramaphosa on Friday said a solid foundation has been laid for the revival of the ailing South African economy, and the creation of significant jobs. “Having come together in the way that we have, we were involved in an thorough-going and painstaking [programme], thrashed out many agreements that, when they […]
PRETORIA, October 5 – President Cyril Ramaphosa on Thursday said his government was determined to eliminate the capture of the State and its organs through corruption which he said was one of the greatest barriers to investment and job creation in South Africa. “One of the greatest barriers to investment, growth and job creation is corruption […]
PRETORIA, October 4 – The opposition National Freedom Party on Thursday rejected the two-day jobs summit convened by President Cyril Ramaphosa under the auspices of the National Economic Development and Labour Council (NEDLAC). “There is absolutely no need to hold a job summit in South Africa. Instead, the government must implement its policies and reduce […]
JOHANNESBURG, September 27 – The Automobile Association of South Africa (AA) has warned that the October petrol price increases will be catastrophic for South African road users as the country faces the biggest fuel price increase in history, adding that the cost of doing business will go up and consumer disposable income will shrink. This comes as […]
JOHANNESBURG, September 25 – Many of the world’s conflicts, particularly in Africa, arise from developmental challenges and many countries often slip back into strife because peace agreements have not been followed by post-conflict reconstruction, South African President Cyril Ramaphosa has said. In a speech prepared for a private sector forum on “Building & Investing in […]
PRETORIA, September 24 – As South African marks Heritage Day on Monday, Parliament appealed to communities to unite, work together to tackle social ills and to heal the divisions of the past. “South Africa must continue to show collective intolerance of phenomena that threaten our national unity and social cohesion, including social ills, such, as […]