Replacing South Africa’s finance minister, or his deputy, would carry a heavy cost

Many see the decision by South Africa’s governing African National Congress (ANC) to send the disgraced former CEO of the power utility Eskom to parliament as the precursor to another attack on the National Treasury and to remove finance minister Pravin Gordhan. The decision to give Brian Molefe a seat in the country’s parliament has […]
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SAA to remain under intense government oversight – Gordhan – Budget 2017

SAA will remain under intense government oversight, Finance Minister Pravin Gordhan said in his report contained in National Treasury’s 2017 Budget Review, which he tabled in Parliament on Wednesday. Referring to recommendations made by the Select and Standing Committees on Finance on the 2016 Revised Fiscal Framework, Gordhan said the committees recommend that National Treasury […]
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Gordhan ups social spending and squeezes the rich

Despite trying circumstances, Finance Minister Pravin Gordhan announced on Wednesday that the budget introduces new tax measures that target the rich and that social spending is prioritised to favour the poor. In his highly anticipated budget speech, Gordhan announced a new top personal income tax rate of 45% for those with taxable incomes of more […]
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Conspiracy, disinformation and Zuma-Gordhan fight loom over budget

A year after President Jacob Zuma began feuding with his Finance Minister Pravin Gordhan over control of the nation’s purse strings, the conflict appears to be coming to a head. When he presents his annual budget in Parliament on Wednesday, Gordhan will seek to keep state spending in check and fend off a junk credit […]
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Mashaba ‘still pissed off’ – businessman Reddy on City Power investigation

Mayor Herman Mashaba’s investigation into alleged corruption involving the city’s R1bn smart electricity meter tender is just petty politics, businessman Vivian Reddy said. Reddy is the owner of Edison Power which was awarded the billion rand tender to install smart meters throughout the municipality. The contract has been probed four times in the past by […]
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Zuma: We are not racist when we say whites own land

Addressing land ownership in South Africa does not make the government racist, President Jacob Zuma said in his reply on Thursday to MPs who had debated his State of the Nation address (Sona) earlier this week. Zuma was speaking inside the National Assembly in Parliament, where his comments on land reform were met with applause. […]
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The nuts and bolts of radical economic transformation

At President Jacob Zuma’s second inauguration, he vowed that economic transformation would “take centre stage” during his last term of office. He promised that “the structure of the economy will be transformed through industrialisation, broad-based black economic empowerment and through strengthening and expanding the role of the state in the economy”. That the economy would […]
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Shocking exhibition in National Art Gallery

An exhibition in the National Art Gallery in Cape Town which consists of only the offensive words “Fuck White People,” is irresponsible and the FF Plus calls on the museum to remove it without delay, Dr. Pieter Groenewald, leader fo the FF Plus says. According to Dr. Groenewald, members of the public approached him about […]
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NASPERS’ (News24) cash cow, the Chinese tech giant Tencent, slammed over corporate sexism and simulated oral sex leak.

NASPERS owns a 34% stake in the Chinese tech giant Tencent, which is responsible for increasing NASPERS’ market value tenfold in the last decade. The company is facing a massive backlash after footage of a lewd party game at one of its annual events was leaked online showing female employees simulating oral sex on stage. […]
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Huge Crime Gang Infiltrates Vodacom. Criminals Rule, Citizens Pay, Business Profits and Law is Dead

A huge crime gang has infiltrated Vodacom according to the The Hawks who may involve the FBI to investigate a “massive crime syndicate” which has infiltrated Vodacom and is performing SIM swap and Internet banking fraud. The Rapport newspaper has reported that the Hawks may ask the FBI to help to investigate a “massive crime syndicate” […]
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