MoneyMarketing

Pravin Gordhan

11 Jun 2021

Takatso Consortium and SA government partner to relaunch SAA

Following the announcement by the Honourable Minister of Public Enterprises, Pravin Gordhan, the Takatso Consortium has expressed its delight and commitment in being selected as the Preferred Strategic Equity Partner (SEP) for South African Airways (SAA), it said in a statement this morning.
07 Aug 2018

Eskom wage hikes unsustainable, says economist

High levels of debt and muted demand for electricity mean that above-inflation wage increases for Eskom workers are simply not sustainable in the long-term, especially if South Africa is to avoid further credit ratings downgrades, warns Citadel Chief Economist Maarten Ackerman.
25 May 2018

The 2018 i3 Summit sketches a future-fit financial world

‘A future to thrive in’ was the theme of the 2018 i3 Summit, hosted by Sanlam Investments and Glacier by Sanlam. Spier Wine Farm hosted the Cape Town event on 22 May, while the Johannesburg event took place at the Sandton Convention Centre on 24 May 2018. In total, more than 600 delegates attended the...
27 Feb 2018

'Cabinet reshuffle positive for the economy'

Despite the inevitable political compromises, on balance the reshuffling of the cabinet is a positive step for the economy.  This is according to NWU School of Business and Governance economist, Professor Raymond Parsons. ”Although the changes to the Cabinet are inevitably the outcome of political compromise, the latest reshuffle of the Cabinet by President Cyril...
10 Oct 2017

Politics 'messed up' our economy: Gordhan

Politics “messed up” South Africa’s economy.  That’s the word from former finance minister Pravin Gordhan who addressed the IFA Symposium in Sandton today.
15 May 2017

Mogajane appointed as acting Treasury DG

Dondo Mogajane, the Deputy Director-General responsible for the Public Finance division, has been appointed as the acting Director-General for the National Treasury. The announcement was made late Monday in a statement.
04 May 2017

FSB confirms probe into forex futures contracts

  The Financial Services Board’s (FSB) Department for Market Abuse, which is responsible for carrying out the mandate of the Directorate of Market Abuse (DMA), is currently conducting an investigation into possible insider trading in certain foreign exchange futures contracts before the recall of former Finance Minister Pravin Gordhan from office.
05 Apr 2017

S&P’s downgrade deals severe blow to South Africa’s inclusive growth and economic transformation

Standard & Poor’s downgrade of South Africa’s global credit rating to junk status is the unfortunate consequence of a complete reversal in Government’s governance and macroeconomic management strategy implemented since 1994 to stabilise the country’s fiscus. This is according to the Association for Savings and Investment South Africa (ASISA).
03 Apr 2017

Gordhan goes, but 'not the time to panic'

By Dave Mohr (Chief Investment Strategist) & Izak Odendaal (Investment Strategist), Old Mutual Multi-Managers. It was a week of high drama, which culminated in the removal of Finance Minister Pravin Gordhan, his deputy Mcebisi Jonas, and other ministers and deputy ministers on Thursday night.
01 Apr 2017

'Axing of Finance Minister a huge set back for country’s economy'

The Association for Savings and Investment South Africa (ASISA) has described the axing of Finance Minister Pravin Gordhan and his deputy as extremely disappointing and ill timed.

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