Tag ArchivesPravin Gordhan

Political Analyst, Aubrey Matshiqi

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 […]

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Prof Raymond Parsons

‘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 […]

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Pravin Gordhan

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. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

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. (more…)

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Pile-of-dollars

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. (more…)

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ASISA-logo

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). (more…)

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Pravin Gordhan

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. (more…)

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IMF, Treasury, economy, GDP, unemployment, International Monetary Fund

‘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. (more…)

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