South Africa Business Day

Sat, 12 Dec 2015 12:09:04 +0200
Presidency rejects Cabinet reshuffle rumours
Presidency dismisses as ‘mischievous’ reports about an impending Cabinet reshuffle

Mon, 14 Dec 2015 17:40:43 +0200
DA wants early sitting of Parliament to discuss vote of no confidence in Zuma
DA wants first sitting of Parliament in 2016 moved forward by month for debate on motion of no confidence in President Jacob Zuma following Nene debacle

Fri, 11 Dec 2015 05:57:34 +0200
SABC ‘always knew’ Motsoeneng did not have matric
Veteran executive says Hlaudi Motsoeneng was honest about his matric certificate in their first interview in 1993

Tue, 15 Dec 2015 05:51:59 +0200
Markets calmer after Gordhan takes charge
Rand recovers from historic low as new finance minister reassures on spending targets

Thu, 10 Dec 2015 15:30:20 +0200
New finance minister makes first public statement
Finance Minister Desmond van Rooyen acknowledges he has ‘colossal assignment’ as all economic indicators are ‘pointing to the south’

Tue, 15 Dec 2015 05:51:21 +0200
Minister questions KPMG report and denies conflict of interest over SARS
Pravin Gordhan back in oversight role over tax office, which he helped build into a centre of excellence

Thu, 10 Dec 2015 16:42:23 +0200
Decision to fire Nene ‘will have consequences’ for Zuma
President’s announcement that MP Desmond van Rooyen will replace Nhlanhla Nene sparks public outrage, drives rand to record low, while stocks slide

Mon, 14 Dec 2015 16:22:21 +0200
‘Sophomore’ Van Rooyen takes on co-operative governance portfolio
Opposition parties are left underwhelmed at President Jacob Zuma’s decision to replace Pravin Gordhan with Desmond van Rooyen as co-operative governance minister

Sat, 12 Dec 2015 10:38:18 +0200
Zuma explains Nhlanhla Nene’s removal
President says Nhlanhla Nene’s name has been put forward to head Brics Bank

Mon, 14 Dec 2015 14:40:38 +0200
Gordhan moves to allay market jitters
Finance Minister Pravin Gordhan says his department will focus on ‘diligently staying course of sound fiscal management’

Tue, 15 Dec 2015 05:55:41 +0200
A road map for SA to get out of rut
During a recent visit to SA Joseph Stiglitz, one of the world’s foremost economists, spoke to Ben Turok about options for SA’s economic future

Wed, 09 Dec 2015 06:06:06 +0200
NEWS ANALYSIS: Deconstructing rumours of a sixth Zuma reshuffle
Political expediency fuels shake-ups — the managing of party dynamics and exogenous pressures, writes Sam Mkokeli

Fri, 11 Dec 2015 06:03:02 +0200
Investment billions are at risk in Limpopo
Mining companies say their hands are forced by violent protests, writes Allan Seccombe

Thu, 10 Dec 2015 00:12:38 +0200
Opposition predicts slide in fiscal prudence after Nene firing
DA labels reshuffle cynical and self-serving while EFF warns new finance minister’s a Zuma yes man

Thu, 10 Dec 2015 16:57:23 +0200
Black Like Me founder Mashaba to run for Joburg mayor
Herman Mashaba announces he will make himself available as Democratic Alliance’s mayoral candidate for 2016

Thu, 10 Dec 2015 18:03:46 +0200
New finance minister does have legitimate master’s degree
Finance Minister Desmond van Rooyen’s qualifications came under immediate review following his appointment, with master’s degree in finance confirmed

Fri, 11 Dec 2015 05:44:30 +0200
Airbus deadline behind Zuma’s axing of Nene
Former finance minister Nhlanhla Nene had to go after rejecting SAA change to deal

Tue, 15 Dec 2015 06:03:32 +0200
Water suppliers cut services over nonpayment
Villagers face dry holiday after service provider shuts down water delivery over nonpayment by district municipality

Tue, 15 Dec 2015 06:03:42 +0200
New Press Council system includes online publications
Analysts welcome adoption of significant new code to boost fight against proposed media appeals tribunal, but teething problems likely

Mon, 14 Dec 2015 12:28:56 +0200
It’s the beginning of the end for Zuma, say analysts
Economists speechless, cannot believe President Jacob Zuma will survive ‘mess-up of epic proportions’ after firing, hiring, re-appointment of finance ministers

Tue, 15 Dec 2015 06:04:19 +0200
Van Rooyen faces uphill battle
Local government the coalface of service delivery and a hotbed of political strife, analysts warn

Mon, 14 Dec 2015 07:04:42 +0200
Policy reform is key for future of mining
South Africa has to move into a different ‘product space’ that is less directly dependent on mining, writes Ross Harvey

Mon, 14 Dec 2015 07:04:34 +0200
Most white reaction shows myopic focus on narrow interests
Much white commentary has ranged from explicit racism to the curated dog-whistle kind that often characterises their narratives about black governance, writes Kelly-Jo Bluen

Fri, 11 Dec 2015 14:21:30 +0200
SA faces watershed moment as investors give up on Zuma
Less than 24 hours after president abruptly fires Nhlanhla Nene, fund managers says ‘investors are absolutely distraught and they’re voting with their feet’

Thu, 10 Dec 2015 06:19:01 +0200
Health bills propose reforms to laboratory service
Reforms include new institute responsible for monitoring and responding to outbreaks of diseases such as Ebola

Tue, 15 Dec 2015 06:22:56 +0200
Untimely carbon tax will retard industry
Measures aimed at reducing emissions must not place further strain on the economy, write Nonhlalo Mphofu and Bridgette Mokoetle

Wed, 09 Dec 2015 11:39:29 +0200
Pistorius’s chances of appeal success slim, say lawyers
Legal experts say extensive reportage of Oscar Pistorius’s trial could be one of appeal grounds he raises before Constitutional Court

Tue, 15 Dec 2015 10:17:24 +0200
Hawks boss Mthandazo Ntlemeza names new deputy
Maj-Gen Yolisa Matakata, the Hawks’ ‘champion for narcotics’ in the Western Cape, has 20 years’ experience, including 15 in the crime intelligence unit

Thu, 10 Dec 2015 05:56:05 +0200
Appeal court rules Eskom’s R5bn Koeberg tender ‘unlawful’
Vindication for Westinghouse, but court order does not hand tender to Toshiba subsidiary

Thu, 10 Dec 2015 06:20:08 +0200
SA’s illicit outflows a taxing matter
Study shows $7.8-trillion sucked out of developing world between 2004 and 2013 and trade fraud $6.5-trillion

Thu, 10 Dec 2015 06:22:30 +0200
Motsoeneng ‘pressured me to quit SABC after 30 years’
Former news logistics head says he was forced out after hearing into Motsoeneng’s ‘matric certificate’

Tue, 15 Dec 2015 05:48:40 +0200
Cabinet quietly endorses nuclear deal
Finance minister confirms Cabinet’s nuclear decision, but only ‘affordable’ procurement will be considered

Wed, 09 Dec 2015 21:28:59 +0200
Zuma removes Nene as finance minister
Rand tumbles as President Jacob Zuma sidelines Nhlanhla Nene in latest reshuffle

Mon, 14 Dec 2015 06:31:18 +0200
Academics criticise Nene’s axing
More than 100 academics from nine universities write open letter expressing shock at Nene’s dismissal

Thu, 10 Dec 2015 06:17:03 +0200
NUM tackles Eskom on coal contract renewals
Union fears termination of all cost-plus contracts with Eskom may result in job losses

Thu, 10 Dec 2015 13:41:29 +0200
Business community urges Zuma to explain why he dismissed Nene
Sacci urges President Jacob Zuma to explain why he removed Nhlanhla Nene from portfolio, expressing concern over move

Thu, 10 Dec 2015 09:51:17 +0200
S&P warns any deviation from fiscal targets will affect SA’s rating
Standard & Poor’s to adopt ‘wait and see’ approach to how new finance minister manages fiscal consolidation, prudent spending path adopted by his predecessor

Wed, 09 Dec 2015 13:02:06 +0200
Zuma sees no reason to retract ANC first comment
President Jacob Zuma tells Parliament it is in interests of SA that African National Congress be built into strong organisation that can lead country

Fri, 11 Dec 2015 15:34:19 +0200
NHI could require additional tax revenue of R71.9bn
White Paper shows financing requirements for National Health Insurance could potentially require additional tax revenue of R71.9bn in 2010 prices by financial year 2025-26

Tue, 15 Dec 2015 06:23:47 +0200
Tragedy of education set for repeat in unhealthy farce
Proposals contained in the recently released white paper on a national health system for SA presents some intractable problems that must be solved, writes Wilmot James

Mon, 14 Dec 2015 05:47:36 +0200
Cabinet gives green light to nuclear procurement
Decision made on Wednesday before shock move against respected finance minister Nhlanhla Nene

Mon, 14 Dec 2015 05:48:15 +0200
Health costs dismissed as a thumbsuck
Funding question hangs over ambitious National Health Insurance plan that promises universal health coverage free

Tue, 15 Dec 2015 13:18:26 +0200
SA’s formal sector adds 7,000 jobs in third quarter
Higher economic growth in third quarter may have supported job creation, with business services, trade and community services sectors adding most jobs

Thu, 10 Dec 2015 18:19:13 +0200
Analysts say SA has no clear line of succession in Cabinet reshuffles
This is why relatively unknown ANC MP Desmond van Rooyen got top spot when Nhlanhla Nene was booted out and not Deputy Finance Minister Mcebisi Jonas

Mon, 14 Dec 2015 20:59:10 +0200
Gordhan lashes out at KPMG report on SARS ‘rogue spy unit’
Finance minister lashes out at allegations of ‘rogue spy unit’ within SARS when he was at the helm of the tax authority

Tue, 15 Dec 2015 05:54:06 +0200
EDITORIAL: Nene axing a lesson for Zuma
Crisis averted by about-turn on novice minister, but damage is going to be hard to undo

Sun, 13 Dec 2015 08:41:37 +0200
SABC’s Hlaudi Motsoeneng cleared of all charges
Disciplinary hearing chairman Willem Edeling dismisses all charges, citing insufficient evidence and disparities in the veracity of testimony between defence and prosecution witnesses

Sun, 13 Dec 2015 14:39:07 +0200
Zuma defends Myeni, denies romantic relationship
President Jacob Zuma breaks silence on various issues including that he and South African Airways board chairperson Dudu Myeni are in a romantic relationship

Sat, 12 Dec 2015 10:33:28 +0200
Nehawu, Parliament dispute escalates
Parliament’s Nehawu chairperson Sthembiso Tembe accuses Parliament Secretary Gengezi Mgidlana of being vindictive towards them

Mon, 14 Dec 2015 21:00:57 +0200
Foot and mouth disease outbreak in Limpopo under control, says department
Recent outbreak of FMD in the Vhembe district of Limpopo under control, says department

Sun, 13 Dec 2015 13:55:35 +0200
It’s ordinary South Africans who will suffer, says JSE chief
Plunge in value of investments on JSE after President Jacob Zuma replaced Nhlanhla Nene will have longer term effect on stability of economy, JSE CEO Nicky Newton-King warns