Court reserves judgement in Mkhwebane, Gordhan review application

Judgement has been reserved in Public Enterprises minister Pravin Gordhan’s court application to review and set aside Public Protector Busisiwe Mkhwebane’s findings against him. Lawyers for Gordhan, former SARS deputy commissioner Ivan Pillay, the Public Protector and EFF have concluded their arguments on Tuesday. Minister Pravin Gordhan brought an urgent application to the[…]

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‘Rogue unit’ report: Gordhan, Mkhwebane to square off in court

The North Gauteng High Court will on Tuesday hear an urgent application by Public Enterprises Minister Pravin Gordhan challenging the implementation of Public Protector Busisiwe Mkhwebane’s remedial actions against him. Gordhan filed his review bid in response to Mkhwebane’s controversial report published in early July relating to the so-called ‘rogue[…]

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Gordhan removes three Transnet board members

Public Enterprises Minister Pravin Gordhan has removed three board members from the troubled state-owned firm Transnet and appointed an interim board. Transnet is one of a handful of state firms accused of irregularities in the awarding of state contracts under former President Jacob Zuma. President Cyril Ramaphosa has pledged to[…]

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Gordhan lashes out at former Eskom CFO Singh

Former Finance Minister and ANC MP Pravin Gordhan has branded former Eskom CFO Anoj Singh as someone who is lying and misleading the parliamentary inquiry into Eskom about his relationship with the Gupta family. Gordhan was not happy with the quality of answers and contradictory evidence given by Singh at[…]

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Government ‘has a grip’ on fiscal numbers: Gordhan

The South African government has a good handle on the countries fiscal numbers says Minister of Finance Pravin Gordhan. This comes after the Minister delivered his 2017 Budget Speech on Wednesday. Speaking on Morning Live, Minister Gordhan says deficit is under control but the revenue could be better as the[…]

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Gordhan must prioritise education funding: Youth

The 2016 student protests during the Fees Must Fall movement have the youth wanting Treasury to put more money into education. The youth have differing views on where the money should go, but they agree that education should be a priority in Finance Minister Pravin Gordhan’s Budget Speech on Wednesday[…]

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Zuma-Gordhan battle takes centre stage in SA 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[…]

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Fees saga set to take center stage at Mid-term Budget

Chief Economist of Nedbank Group Limited Dennis Dykes says the Finance Minister’s Mid-term Budget will be closely watched to see how most universities will cover the 0% fees increases for families earning below R600 000. Speaking on Morning Live he says, “On a broad level he would need to cover[…]

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Gordhan drops Gupta ‘nuclear bomb’

Court papers filed by Finance Minister Pravin Gordhan that contain details of “suspicious” bank transactions by Gupta-owned companies totalling almost R7bn may be the first indication that Treasury has put in motion its so-called “nuclear bomb” option. Gordhan on Friday launched an application in the High Court in Pretoria in[…]

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