Former president Jacob Zuma was never going to remain the all-powerful and omnipresent political figure that he thought, writes Pieter du Toit.
The rand weakened on Thursday as Moody’s Investors Service, the only major rating company that still assesses South Africa at investment grade, warned a decision to more than double state financial support for Eskom is “credit negative”.
President Cyril Ramaphosa has had a heck of a long year. His ouster of Jacob Zuma on Valentine’s Day was the undisputed highlight. But it hasn’t been plain sailing since, writes Pieter du Toit.
Ramaphosa was delivering his first major post-election economic address at a conference hosted by the Goldman Sachs Group.
Deputy President Cyril Ramaphosa has announced a new board at Eskom, directing it to appoint a permanent CEO and CFO within the next three months.
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