South Africa’s powerful trades union federation Cosatu has called for President Jacob Zuma to step down. Its Secretary General Bheki Ntshalintshali said he is no longer the “right person” to lead the country. Mr Zuma has been under growing pressure following a major cabinet reshuffle which included the sacking of trusted Finance Minister Pravin Gordhan. … Read more
South Africa’s powerful trade union federation Cosatu, a key coalition partner of the ruling ANC, on Tuesday called for embattled President Jacob Zuma to resign following a deeply unpopular cabinet reshuffle. Union general secretary Bheki Ntshalintshali said it was time for Zuma to “step down” after his purge last week of cabinet critics, which included … Read more
South Africa’s powerful trades union federation Cosatu has called for President Jacob Zuma to step down. Its Secretary General Bheki Ntshalintshali said he is no longer the “right person” to lead the country. Mr Zuma has been under growing pressure following a major cabinet reshuffle which included the sacking of trusted Finance Minister Pravin Gordhan. … Read more
President Jacob Zuma is coming under increasing pressure to step down South Africa’s powerful trades union federation Cosatu has called for President Jacob Zuma to step down. Its Secretary General Bheki Ntshalintshali said he is no longer the “right person” to lead the country. Mr Zuma has been under growing pressure following a major cabinet … Read more
Credit rating agency Standard and Poor’s downgraded South Africa’s rating to junk status on Monday, as the country’s currency continued to slide following a controversial cabinet shuffle. “The executive changes initiated by President Zuma have put at risk fiscal and growth outcomes,” S&P said in a statement. It said the rating cut to below investment … Read more
A memorial service Saturday for anti-apartheid icon Ahmed Kathrada was transformed into a fierce attack on South African President Jacob Zuma, under fire after a controversial cabinet reshuffle. Party veterans of the ruling ANC, sacked finance minister Pravin Gordhan and Kathrada’s widow lined up to criticise the state of the country as the crowd shouted … Read more
South Africa needs to “radically transform” its economy, the country’s new finance minister has said. The treasury has been seen for too long as belonging to “big business, powerful interests and international investors,” Malusi Gigaba said. “This is a people’s government,” he told his first news conference since President Jacob Zuma fired his respected predecessor, … Read more
The sacking of South Africa’s Finance Minister, Pravin Gordhan , has divided the ruling ANC party and the South African public. Protesters took to the streets in the capital Pretoria after President Jacob Zuma’s overhaul of his Cabinet. Zuma called the sackings a ‘radical socio-economic transformation’. Join GhanaStar.com to receive daily email alerts of breaking … Read more
The backlash against South African President Jacob Zuma’s shock reshuffle has intensified pressure on him to resign ahead of the 2019 general election. Here are four of his possible successors: Cyril Ramaphosa, a 64-year-old veteran with strong anti-apartheid struggle credentials, came strongly against the cabinet cull which he described as “totally unacceptable”. Ramaphosa, a former … Read more
South Africa’s Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as “totally unacceptable”. His late night dismissal on Thursday led to a 5% plunge in the value of the currency, the rand. Mr Gordhan was seen as a bulwark against corruption in an administration that is facing growing criticism. He … Read more
Julius Malema, leader of South Africa’s radical opposition Economic Freedom Fighters (EFF) party, is briefing the media following President Zuma’s controversial cabinet reshuffle. He’s been discussing the party’s plan to impeach Mr Zuma and to trigger an emergency session in parliament to hold a vote of no confidence in the president. Follow the presser live … Read more
Pravin Gordhan has been seen as standing up to President Jacob Zuma in cabinet South Africa’s Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as “totally unacceptable”. His late night dismissal on Thursday led to a 5% plunge in the value of the currency, the rand. Mr Gordhan was seen … Read more
South Africa’s Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as “totally unacceptable”. His late night dismissal led to a 5% plunge in the value of the currency, the rand. Mr Gordhan was seen as a bulwark against corruption in an administration that is facing growing criticism. He was one … Read more
South Africa’s President Jacob Zuma has sacked Finance Minister Pravin Gordhan after days of speculation that rocked the country’s markets and currency. Mr Gordhan will be replaced by Malusi Gigaba, said a statement issued late on Thursday by the president’s office. Earlier this week, President Zuma recalled Mr Gordhan from planned events in the UK. … Read more
South Africa’s rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new cabinet appointments in a dramatic reshuffle that has fuelled fears of a split in the ruling African National Congress. The decision to fire Pravin Gordhan rocked investors, who had come to view him as a trusted … Read more
Pravin Gordhan has been seen as standing up to President Zuma in cabinet South Africa’s President Jacob Zuma has dismissed Finance Minister Pravin Gordhan after days of speculation that rocked the country’s markets, Mr Gordhan will be replaced by Malusi Gigaba, said a statement issued late on Thursday by the preisdent’s office. Earlier this week, … Read more
South African President Jacob Zuma sacked his respected finance minister and made ten new cabinet appointments late Thursday in a dramatic reshuffle widely seen as an attempt to control the selection of his successor. The ruling ANC party, which led the fight against apartheid and came to power under Nelson Mandela in 1994, was rocked … Read more
A plan by South African President Jacob Zuma to sack his respected finance minister threatened Thursday to split the African National Congress (ANC) party that led the country out of apartheid. Zuma has been at loggerheads with Finance Minister Pravin Gordhan for months, and this week abruptly ordered him to return home from a foreign … Read more
South African President Jacob Zuma has vowed to sack his respected finance minister, a government coalition party confirmed Thursday, in a move which could split the African National Congress (ANC). Zuma has been at loggerheads with Finance Minister Pravin Gordhan for months, and this week abruptly ordered him to return home from a foreign investment … Read more
South Africa’s President Jacob Zuma is not attending the funeral of veteran anti-apartheid activist Ahmed Kathrada at the request of his family. Mr Kathrada called on Mr Zuma to resign last year after he became mired in a series of corruption scandals. Deputy President Cyril Ramaphosa is representing the government at the funeral. Mr Kathrada, … Read more