Tag Archives: Pravin Gordhan

Pravin Gordhan

South African finance minister warns on weak currency, declining taxes

The revenue outlook could dim even more if markets react adversely to an awaited announcement by the US Federal Reserve, Finance Minister Pravin Gordhan warned on Tuesday. “In respect of…

Muammar Gaddafi

South Africa to return Gaddafi billions to new Libyan government

An agreement has been reached on the repatriation of Libyan funds and assets from South Africa, the Treasury said on Thursday. “The Minister of Finance, Pravin Gordhan, has agreed with…

Violence threatens South African current account – Finance Minister

If the unrest in the mining industry continues, it will undermine investment confidence and cut growth in the South African economy, Finance Minister Pravin Gordhan warned on Friday. Responding to…

South African finance minister says unrest damaging the economy

Labour unrest in the mining industry was extremely damaging to the economy, Finance Minister Pravin Gordhan said on Friday. “It undermines confidence in the South African economy, and if we…

When Zimbabwe nationalised land and evicted whites from the country, hyperinflation ensued. Now it wants to borrow from its neighbour where white taxpayers fund the state.

Zimbabwe wants to borrow billions of rand from South Africa

Zimbabwe will seek funds from southern Africa to help finance its budget as the country battles effects of a nearly decade-long downturn, Finance Minister Tendai Biti said Thursday. “I am…

South Africa’s ‘culture of greed and corruption’ – Finance Minister Gordhan

South Africans need to work together to prevent the country from giving in to a culture of greed and corruption, Finance Minister Pravin Gordhan said on Thursday. “Let me tell…