44 Results for:

March 29, 2017

Sub-Saharan Africa
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…

Gordhan 032817

March 23, 2018

South Africa
Ramaphosa Administration Moves to Clean Up SOEs in South Africa

is seeking to get a handle rationalize the financial commitments of state-owned enterprises (SOEs) and promising whole-sale personnel changes

South-Africa-Pravin-Godhan-Corruption-SOE

October 12, 2016

Sub-Saharan Africa
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…

exit-of-south-africas-finance-minister-not-so-fast

November 1, 2016

Sub-Saharan Africa
South Africa’s President Zuma as Mafioso

Critics worldwide of South African President Jacob Zuma characterize his administration as “Mafiosi” in style. South African society is characterized by gross inequality, generally with blacks on the…

south-africas-president-zuma-as-mafiosi

December 6, 2016

Sub-Saharan Africa
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 …

sp-leaves-south-africas-bond-rating-unchanged