finance minister

Mboweni puts to rest rumours he may resign

Finance Minister Tito Mboweni has responded to suggestions he may resign with a tweet saying he was staying put in his post and working to fix South Africa’s flagging economy. “There is a malicious rumour that I have resigned. It is untrue,” Mboweni posted on his Twitter account late on[…]

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Analysis of finance minister’s mid-term budget speech

Yesterday finance minister, Pravin Gordhan, delivered the much anticipated mid-term budget speech at Parliament, amid chaotic clashes between police and protesting #FeesMustFall students. The speech follows a raft of charges relating to the embattled minister’s tenure at the South African Revenue Service (SARS), for which he will appear in court[…]

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SA finances are in good hands: Gordhan

Finance Minister Pravin Gordhan says he hopes to give South Africans the assurance that the State’s finances are in good hands when he presents his medium-term budget next week. This is seen as the latest indication from Gordhan that he expects to remain in his post, despite a fraud charge[…]

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Gordhan speaks out on arrest reports

Finance Minister Pravin Gordhan says reports of his alleged imminent arrest have been extremely distressing for him and his family. He said in a statement on Tuesday that he was not aware of any charges or further investigations until the reports surfaced over the weekend. The Sunday Times reported at[…]

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Van Rooyen’s minister stint wiped R95bn off pensions

The pensions of government employees lost R95 billion in the two days last December that Des van Rooyen was finance minister‚ the CEO of the Public Investment Corporation‚ Dan Matjila‚ told Parliament on Tuesday. Dr Matjila‚ who was briefing Parliament’s portfolio committee on finance‚ said that the investments had “significantly[…]

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Ramaphosa denies meeting Rupert

Read the full text of the statement issued by Deputy President Cyril Ramaphosa in response to allegations he met with businessman Johan Rupert to discuss cabinet appointments. Pretoria – In response to a number of media queries regarding the allegation that Deputy President Cyril Ramaphosa met with business people including[…]

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