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Tag Archives: pravin gordhan

#FeesMustFall calls for protest at Parliament

The #FeesMustFall movement issued a call in the early hours of Wednesday for protest action at Parliament where Finance Minister Pravin Gordhan was set to table the Medium-Term Budget Policy Statement (MTBPS). “We call upon all citizens of this country to descend to parliament and other strategic institutions on 26 …

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SAA’s future to be discussed with Gordhan

The Federation of Unions of South Africa (Fedusa) will meet Finance Minister Pravin Gordhan in Pretoria on Monday to discuss the future of South African Airways (SAA). The discussions will be within the context that business and labour should work together with government to accelerate investment and foster inclusive economic …

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Hawks hit back at SACP over Gordhan probe

The Hawks reacted angrily on Thursday at suggestions by the South African Communist Party (SACP) that ongoing investigations into Finance Minister Pravin Gordhan were politically motivated. The elite crime fighting unit is investigating Gordhan over his alleged role in creating a “rogue unit” at the South African Revenue Services (Sars). …

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Gordhan puts a hold on Denel-Gupta deal

pravin gordhan

The Treasury said on Wednesday it was still considering an application by state-owned arms manufacturer Denel to do business with a company owned by the Gupta family, which has been under scrutiny over its alleged close ties to President Jacob Zuma. South Africa’s top banks and some audit firms recently …

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ANC tells Gordhan, Sars to make peace

The ANC once again said it stood behind Finance Minister Pravin Gordhan and called for a resolution to be found between him and the SA Revenue Service. “The NEC directs that there should be a speedy resolution of the unseemly public spats between the finance minister and public agencies,” secretary …

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MPs unimpressed with Gordhanless Budget debate

Pravin Gordhan

MPs of all political parties in the National Assembly, bar the ANC, were not impressed that a debate on finance minister Pravin Gordhan’s budget continued on Wednesday in his absence. Gordhan is currently overseas where he is reassuring investors and trying to stave off an investment downgrade from rating agencies. …

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SA not heading for recession – Gordhan

SA not heading for recession - Gordhan

Cape Town – Finance Minister Pravin Gordhan said on Thursday that South Africa’s economy would not slip into recession, rejecting predictions by some economists that sharp falls in the rand pointed to a contraction this year. “We are growing as an economy, we are not going into a recession. But …

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Gordhan praises Joburg’s ratings upgrade

Pravin Gordhan

Finance Minister Pravin Gordhan praised the City of Johannesburg on Sunday after Fitch Ratings upgraded its national long-term rating. Fitch also upgraded its national senior unsecured ratings on outstanding bonds and affirmed the City of Johannesburg’s long-term local currency rating with the outlook on stable. The ratings agency cited Johannesburg’s …

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