The arms deal judgment will have implications for future commissions of inquiry. The Gauteng High Court in Pretoria set aside the findings of the 2015 Seriti commission report into the billion-rand arms deal.
Light rain. More sun than clouds. Cool.
President Jacob Zuma has without elaborating again hinted that he had reasons to remove a sitting finance minister.
Fin24 has had an overwhelming response from users, who salute the former finance minister for his integrity and the sacrifice he made to SA a year after he was fired by the president.
President Jacob Zuma views the Public Investment Corp's R99bn loss within 48 hours of former finance minister Nhlanhla Nene's axing as a “normal" economic phenomenon.
The rand has seen a 25% recovery against the pound since January, after Britain voted to leave the European Union on June 24.
South African government bonds have gained, driving yields to levels last seen before President Jacob Zuma fired Nhlanhla Nene as finance minister in December.
Former finance minister Nhlanhla Nene has been appointed as a resident adviser to Thebe Investment Corporation, it has been announced.
Firing Nhlanhla Nene changed the course of history for President Jacob Zuma and most probably for South Africa too, says political analyst Aubrey Matshiqi.
Former finance minister Nhlanhla Nene, whose sacking wiped about R500bn from the country’s equity markets, is keeping up to date with the Gupta controversy.
Former finance minister Des van Rooyen says he does not believe billionaire Johann Rupert influenced his redeployment a few days after his appointment as minister.
Finance Minister Pravin Gordhan is caught in a bind: his authority is being undermined, yet he risks sending the economy into free fall if he resigns.
Sanlam has posted a 6% full year decline in profit due to negative foreign currency translation differences and weak equity market performance during 2016.
The firing of former finance minister Nhlanhla Nene could have pushed SA over the economic precipice, but the crisis became a beacon to guide us into the future, says Daniel Silke.
The rand, which has continued to strengthen against the dollar, pound and euro, should be seen cautiously, analysts have warned.
Higher political uncertainty in SA affects investor confidence and trade exports, according to the IMF, which slashed SA's 2016 growth forecast to 0.1%.
Boasting that South Africa’s economy has rewound to pre-NeneGate is unwise, as economists’ risk narrative of South Africa on December 8 was not exactly peachy.
A recovery in commodity currencies and stability in the oil price have boosted the rand to its highest level in four months.
Former finance minister Nhlanhla Nene has been appointed a non-executive director at Allan Gray.
The rand has weakened following news that rating agency Standard & Poor's has lowered its 2016 growth expectations for South Africa to 0.8%, down from 1.6% in November.
Former minister says she believes "the rotten forces are on the back foot" and that party members who defend Zuma “are not going to win this battle".
The rand will be used to hedge global investors’ positions in terms of risk aversion, says an expert, after recent strife in SA sent the rand tumbling 3.5% and back up again.
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