Credit rating agency Standard and Poor's downgraded South Africa's rating to junk status on Monday, as the country's currency continued to slide following a controversial cabinet shuffle. "The...
Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed to stem a fall in the rand. The value of currency fell 1.5% to a two-month low,...
Worries over the health of South Africa's economy continued on Monday, as comments by the new finance minister failed to stem a fall in the rand. The value of currency fell 1.5% to a two-month low,...
A memorial service Saturday for anti-apartheid icon Ahmed Kathrada was transformed into a fierce attack on South African President Jacob Zuma, under fire after a controversial cabinet reshuffle....
South Africa's new Finance Minister Malusi Gigaba on Saturday pledged to implement the policies of the ruling ANC as the party remains deeply divided over the sudden firing of his predecessor. Gigaba...
South Africa needs to "radically transform" its economy, the country's new finance minister has said. The treasury has been seen for too long as belonging to "big business, powerful interests and...
The sacking of South Africa’s Finance Minister, Pravin Gordhan , has divided the ruling ANC party and the South African public. Protesters took to the streets in the capital Pretoria after...
Flags were lowered to half-mast and mourners lined the streets outside Westpark Cemetery on Wednesday morning. Many embraced tearfully as the white hearse, escorted by a fleet of police motorcycles...
South Africa's ruling African National Congress (ANC), now struggling with internal conflicts, started out as an elite black group. The liberation movement took power in 1994, four years after the...
The backlash against South African President Jacob Zuma's shock reshuffle has intensified pressure on him to resign ahead of the 2019 general election. Here are four of his possible successors: Cyril...
South Africa’s Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as “totally unacceptable”. His late night dismissal on Thursday led to a 5% plunge...
South African President Jacob Zuma's sweeping cabinet overhaul exposes deep divisions between the ANC's apartheid-struggle old guard and a new generation often accused of not living up to...
Julius Malema, leader of South Africa's radical opposition Economic Freedom Fighters (EFF) party, is briefing the media following President Zuma's controversial cabinet reshuffle. He's been...
Pravin Gordhan, who was sacked late Thursday, is liked and admired by many ordinary South Africans -- an unusual achievement for any finance minister. He held onto the purse strings for longer than...
Pravin Gordhan has been seen as standing up to President Jacob Zuma in cabinet South Africa's Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as "totally...
South Africa's Deputy President Cyril Ramaphosa has described the sacking of Finance Minister Pravin Gordhan as "totally unacceptable". His late night dismissal led to a 5% plunge in the value of the...
South Africa's President Jacob Zuma sacked finance minister Pravin Gordhan in a major cabinet reshuffle after days of speculation that has rocked the country's markets and currency, replacing him...
South Africa’s President Jacob Zuma has sacked Finance Minister Pravin Gordhan after days of speculation that rocked the country’s markets and currency. Mr Gordhan will be replaced by Malusi...
South Africa's rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new cabinet appointments in a dramatic reshuffle that has fuelled fears of a split...
Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic growth data, while South Africa's rand plunged after President Jacob Zuma sacked his...