25 Results for:

March 29, 2017

Sub-Saharan Africa
Gordhan 032817 Rand Falls as Finance Minister Gordhan is Ordered Home

On March 27, Finance Minister Pravin Gordhan and Deputy Finance Minister Mcebisi Jonas were on an investor road show to the United Kingdom and the United States when they were abruptly ordered to ret…

December 21, 2017

South Africa
South-Africa-Election-Ramaphosa-African-National-Congress Split in South Africa’s National Congress May Not Last

The African National Congress' National Executive Committee leadership appears to be split down the middle, with the Top Six equally divided between the the Ramaphosa and the Zuma/Dlamini-Zuma factions.

April 25, 2017

South Africa
Ramaphosa final ANC Leadership Contest Heating Up

South African Deputy President Cyril Ramaphosa all but announced his candidacy to succeed Jacob Zuma as the leader of the African National Congress (ANC) at a speech on April 23. The party’s election…

March 31, 2017

South Africa
Zuma Cabinet Reshuffle Jacob Zuma’s Cabinet Reshuffle Bad News for South Africa

As part of a wide-ranging cabinet reshuffle, President Jacob Zuma has fired highly respected Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, along with other long-time stalwarts of the…

April 5, 2017

South Africa
South Africa’s Cabinet Reshuffle Reflects Leadership Crisis

President Jacob Zuma’s cabinet reshuffle has exposed growing fissures within the ruling African National Congress, writes CFR’s John Campbell.

April 4, 2017

South Africa
Jacob Zuma Cabinet Reshuffle Uncertainties Mount Whether Zuma’s Presidency Will Survive

Voices calling for President Jacob Zuma to resign or to be removed from office are getting louder in the wake of his cabinet reshuffle and removal of Finance Minister Pravin Gordhan. Within his Afric…

April 5, 2017

South Africa
ANC rallies behind zuma final ANC Rallies behind South Africa’s Zuma

The African National Congress’s (ANC) National Working Committee (NWC) decision to back South African President Jacob Zuma in the face of his widely unpopular cabinet reshuffle makes it unlikely that…

April 7, 2017

South Africa
Zuma Parliament The Morning After in South Africa

For now, Jacob Zuma has succeeded in defeating his rivals for the leadership of the African National Congress (ANC) and an upcoming parliamentary vote of no-confidence will likely fail. The intra-par…

December 6, 2016

Sub-Saharan Africa
sp-leaves-south-africas-bond-rating-unchanged S&P Leaves South Africa’s Bond Rating Unchanged

Standard & Poor (S&P), the international credit rating agency, left its assessment of South Africa’s foreign-currency debt unchanged. It remains at the same level as Italy’s and India’s. However, it …

October 12, 2016

Sub-Saharan Africa
exit-of-south-africas-finance-minister-not-so-fast Exit of South Africa’s Finance Minister? Not So Fast

Pravin Gordhan faces charges of fraud and has been summoned to the Pretoria Regional Court on November 2. The charges appear to be spurious. They concern Gordhan’s approval of the early retirement of…