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Malusi Gigaba appointed as new finance minister: report

Malusi Gigaba appointed as new finance minister: report

Former home affairs minister Malusi Gigaba has been named as South Africa’s new finance minister, following the axing of Pravin Gordhan late Thursday night.

Government - By Staff Writer | 30 March, 2017
Pravin Gordhan sacked in Zuma Cabinet reshuffle: report

Pravin Gordhan sacked in Zuma Cabinet reshuffle: report

President Jacob Zuma axed nine ministers and six deputy ministers, including finance Minister Pravin Gordhan, as part of a Cabinet reshuffle late on Thursday evening, sending the rand into a free-fall.

Government - By Staff Writer | 30 March, 2017
How much it costs to pay back a R100,000 loan in South Africa

How much it costs to pay back a R100,000 loan in South Africa

Capitec bank has released as series of case studies showing how long it takes the average South African to pay back a R100,000 loan including interest and service fees.

Banking - By Staff Writer | 30 March, 2017
Cape Town’s R100 billion plan to keep housing affordable for locals

Cape Town’s R100 billion plan to keep housing affordable for locals

The City of Cape Town says it aims to take drastic measures to provide more properties for lower and middle-class residents around the city within the next few years.

Wealth - By Staff Writer | 30 March, 2017
Zuma backed himself into a corner over Gordhan – and the clock is ticking

Zuma backed himself into a corner over Gordhan – and the clock is ticking

President Jacob Zuma has slowly backed himself into a corner over the issue of firing finance minister Pravin Gordhan, and is now running out of time to act, or risk losing face in front of the ANC faction that supports and relies on his network of patronage.

Government - By Staff Writer | 30 March, 2017
Zuma offers to go quietly in 2018 – if he can get rid of Gordhan now: report

Zuma offers to go quietly in 2018 – if he can get rid of Gordhan now: report

Deal or no deal? President Jacob Zuma has reportedly made an offer to his opponents, saying he will step down ‘a year early’ in 2018, if he can get rid of finance minister Pravin Gordhan now.

Government - By Staff Writer | 30 March, 2017
Opposition parties move to impeach Zuma

Opposition parties move to impeach Zuma

The walls may be closing in on president Jacob Zuma as the Economic Freedom Fighters (EFF) aims to institute impeachment proceedings against him.

Government - By Staff Writer | 30 March, 2017
The most in-demand skills in South Africa’s job market right now

The most in-demand skills in South Africa’s job market right now

CareerJunction has released an updated list of the most in-demand skills according to employer requirements in March 2017.

Technology - By Staff Writer | 30 March, 2017
How many South Africans have more than R125 million in their bank account

How many South Africans have more than R125 million in their bank account

New data published by advisory firm New World Wealth shows how many super-wealthy people live in South Africa, and breaks the figure down into the major cities.

Finance, Wealth - By Staff Writer | 30 March, 2017
South Africa facing another serious drought

South Africa facing another serious drought

Drought conditions associated with an El Nino weather pattern are likely to re-occur within a matter of months, according to the government.

Lifestyle - By Staff Writer | 30 March, 2017
Ford Kuga recall spreads to Australia

Ford Kuga recall spreads to Australia

The Australian media is reporting that Ford is recalling almost 5,000 vehicles in the country after several have burst into flames.

Motoring - By Staff Writer | 30 March, 2017
Zuma can’t just do as he pleases: SACP

Zuma can’t just do as he pleases: SACP

The South African Communist Party’s deputy secretary general Solly Mapaila says that the party rejects the notion that president Jacob Zuma can simply do as he pleases, saying that he is an elected official that is mandated to serve the interests of the ANC and its alliances.

Government - By Staff Writer | 30 March, 2017
This one graph shows that more South Africans are leaving the country

This one graph shows that more South Africans are leaving the country

A new FNB Estate Agent Home Selling Survey reveals an uptick in emigration-related home selling in South Africa.

General - By Staff Writer | 30 March, 2017
Zuma’s plan to fire Gordhan and replace him with Molefe revealed: report

Zuma’s plan to fire Gordhan and replace him with Molefe revealed: report

SACP deputy secretary general Solly Mapaila has confirmed reports that president Jacob Zuma approached the party with his plan to fire and replace finance minister Pravin Gordhan, using a so-called “intelligence report” as the basis.

Government - By Staff Writer | 30 March, 2017
5 important things happening in South Africa today

5 important things happening in South Africa today

The SACP confirmed that Zuma is planning a reshuffle to get rid of Gordhan; a rogue “intelligence report” has entered the picture as justification for Zuma’s move against Gordhan; the Guptas say they were just asking for help; and Brexit is a go ushering in two years of global worry.

Government - By Staff Writer | 30 March, 2017
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