Barclays’ decision to sell down its stake in a Johannesburg-listed venture is a consequence of past mistakes at European banks rather than a reflection of Africa’s future prospects, South Africa’s finance minister said. Emerging markets are often “victims of policymaking” by developed nations and it is wrong to blame them entirely for recent … [Read more...] about Gordhan: Barclays’ plan ‘not a reflection on SA’
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Gordhan asks public to help keep SOEs in line
Finance Minister Pravin Gordhan is working to prevent “state capture” by forcing state-owned enterprises to be more accountable. Picture: Schalk van Zuydam, AP #Budget2016 / Johannesburg – Finance Minister Pravin Gordhan has thrown down the gauntlet to state-owned enterprises and business by demanding they be more accountable. Read the full article by here: … [Read more...] about Gordhan asks public to help keep SOEs in line
SA economy: Gordhan holds talks with CEOs
South African Finance Minister Pravin Gordhan met with top business leaders on January 29 to discuss steps to boost investor sentiment and avert a credit rating downgrade to junk. About 60 chief executive officers representing industries ranging from banking to mining met with Gordhan for two-and-a-half hours at Nedbank’s offices in Johannesburg, Jabu Mabuza, chairman of … [Read more...] about SA economy: Gordhan holds talks with CEOs
New: Pravin Gordhan pledges to keep a grip on South Africa's spending
Pravin Gordhan pledges to keep a grip on South Africa's spending Pravin Gordhan, South Africa's new finance minister, has pledged to keep a firm grip on government spending and ensure transparency in state expenditure as Africa's most industrialised nation seeks to regain its credibility following a period of self ... Read more on Financial Times South … [Read more...] about New: Pravin Gordhan pledges to keep a grip on South Africa's spending
Gordhan speaks at launch of CDC Perspectives Journal |MyPE
Finance Minister, Pravin Gordhan, today tackled the topic of philosophical and practical challenges facing South Africa at the launch of the fifth edition of the Coega Perspectives journal. “Perspectives was initiated five years ago by the Coega Development Corporation (CDC) in collaboration with Nelson Mandela Metropolitan University (NMMU) as a tool for stimulating … [Read more...] about Gordhan speaks at launch of CDC Perspectives Journal |MyPE
