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Day: October 9, 2018

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Nene quits, Tito Mboweni set to be new finance minister

According to Business LIVE the presidency has announced that Nhlanhla Nene has resigned as finance minister, and will be replaced by Tito Mbow695555590++eni. Nene’s resignation comes after it was revealed that he had several meetings with the Gupta family that he hadn’t previously told anybody about. It was also recently revealed that Nene’s son had approached […]

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South Africa’s economy has been in down-cycle since 2013: IRR

Fin24 reports that research released by the Centre for Risk Analysis (CRA) at the Institute of Race Relations has found that South Africa is currently in its longest downward business cycle since 1945.

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Ramaphosa bemoans ‘apartheid beneficiaries’ failure to address the past

IOL reports that Cyril Ramaphosa has slammed those he called beneficiaries of apartheid injustices for shying away from government efforts to address the legacy of the past. According to the report Ramaphosa did this during the 8th Desmond Tutu International Peace Lecture in Cape Town. Ramaphosa lamented how those who had benefited from apartheid shied away from […]

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