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Newly-appointed South African Finance Minister Tito Mboweni

Treasury says recession, falling revenue hurt public finances

16 October 2018, 7:11 PM

Falling revenues and a recession mean South Africa will struggle to finance public services, the National Treasury said on Tuesday, as ratings agency Moody’s warned of the risks of rising government debt.

Moody's

Moody’s to rely on next week’s MTBPS

16 October 2018, 7:03 PM

Rating agency Moody’s says the successful implementation of structural reforms along with the reduction in government debt could lead to an upgrade in the country’s sovereign rating.

President Cyril Ramaphosa

Cyril Ramaphosa postpones visit to DRC

16 October 2018, 2:02 PM

President Cyril Ramaphosa has postponed his visit to the Democratic Republic of Congo.

Ramaphosa needs to clarify involvement on VBS saga: Maimane

16 October 2018, 11:02 AM

The DA said the statement issued by the President on this matter does not provide clarity on his involvement.

Ramaphosa rejects report that he failed to stop looting at VBS bank

15 October 2018, 8:15 PM

South African President Cyril Ramaphosa on Monday rejected a newspaper report that he failed to stop 1.9 billion rand ($132 million) being illegally siphoned from VBS Mutual Bank.

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