Become an author Sign up as a reader Sign in. South Africa needs a policy that drives growth and positions if for the 21st Century. How well its new leadership copes will become clearer over the next few months. The state capture inquiry on Thursday evening resembled a divorce court amid a bitter tiff between a couple that had fallen out.
I have never met this Mthoko. And so my understanding was that this was a very wealthy woman from a well-to-do family whose relatives were living in New York. For this reason, Gigaba added, he never questioned Mngoma when she said they must go on honeymoon to Mauritius. So I went on holiday in Mauritius, which was our honeymoon.
We enjoyed ourselves and spent two or three days and we came back. Therefore, said Gigaba, he had no reason to suspect that the trip was facilitated by Myeni and paid for by the Gupta family. Would you like to comment on this article or view other readers' comments? Register Sign in. Malusi Gigaba News.
World Am being blackmailed: South African finance minister after sex video leaked Gigaba, now Home Affairs minister, was thrust into the finance post in March last year after former President Jacob Zuma sacked Pravin Gordhan, a move that unnerved investors and roiled markets at the time.
World More Gupta-related arrests expected in South Africa, judicial source says South African police are expected to arrest between five and seven more people as part of raids related to a corruption investigation involving the Gupta family, friends of President Jacob Zuma, a senior judicial source said on Wednesday. World South Africa finance minister says worried about Gupta family He took office after Zuma fired highly respected finance minister Pravin Gordhan in a March cabinet reshuffle.
World S Africa cuts interest rate for first time in five years South Africa's central bank slashed its key interest rate for the first time in five years , as the continent's most advanced economy battles recession and recent credit rating downgrades.
World South Africa's economic plan unlikely to boost growth - Fitch South Africa's economic strategy released by Finance Minister Malusi Gigaba last week is unlikely to boost growth and many of the measures have previously been announced, ratings agency Fitch said on Wednesday. World South Africa central bank accuses anti-graft watchdog of incompetence South Africa's central bank accused the head of anti-graft watchdog of incompetence on Friday, following her proposal to switch the target of its monetary policy from inflation and currency stability to economic growth.
Business South African parliament joins legal bid to quash call to change central bank's mandate The proposal is also being challenged by Finance Minister Malusi Gigaba. Business IMF warns South Africa over economy's vulnerability The International Monetary Fund warned South Africa on Thursday its economy is extremely vulnerable to external shocks and funding shortfalls, although it stuck by its earlier growth forecast of 1 percent this year.
World South Africa's watchdog to defend proposal on central bank's mandate - eNCA South Africa's Public Protector Busisiwe Mkhwebane will oppose legal challenges to her recommendation that the central bank's mandate of maintaining currency and price stability be changed, saying her proposal was "misunderstood", eNCA television reported on Thursday.
Business Printing money would trigger painful S. Africa recession - central bank governor South Africa risks slipping into a long and painful economic recession if the central bank is forced to abandon its policy of reducing inflation and protecting the currency, Reserve Bank governor Lesetja Kganyago said on Sunday.
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