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South Africa

South Africa

Population: 62.47m
GDP: $373.23bn
Debt: 75.4% of GDP (2024)

news from South Africa

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Found 841 articles.

Displaying 251-260 out of 841 results.

Snagged by the Guptas' global reach

Regulators failed to stop London-based banks laundering hundreds of millions of dollars stolen from South Africa

HSBC, one of Britain's biggest banks, has been accused by a British peer of complicity in a US$500 million money-laundering scheme organised by businesses controlled by the Gupta...


Mabuza changes the race

Mpumalanga Province becomes the most united voting block ahead of the ANC elections as President Zuma reshuffles his cabinet

Taking a high-stakes gamble ahead of the leadership elections in December, President Jacob Zuma has broken with the African National Congress's traditional allies in the Communist Party and...


Balancing the good cop with the bad

The Reserve Bank is easing the pressure on KPMG. It worries about scaring investors while it tries to make companies more accountable

The government is in disarray over how to handle the deepening crisis unleashed by the auditing firm KPMG’s involvement in the affairs of the Guptas and the 'state...


KPMG feels the Gupta heat

The global auditor becomes the latest corporate casualty of a spiralling corruption scandal claiming unexpectedly prominent scalps

In a grovelling public apology after 18 months of silence, auditing giant KPMG admitted that its senior executives in South Africa had 'made mistakes' and 'ignored red flags'...


ANC contest lands in court

The outcome of the leadership race in December may hang on a raft of legal challenges as to how conference delegates were chosen

The campaign for Nkosazana Dlamini-Zuma to succeed her ex-husband as African National Congress leader, which he is backing heavily, may fail if the courts allow the challenges of...


'Dirty tricks' target Cyril

The Deputy President sees the hand of his boss in the hack of his email account and smears on his ANC leadership bid 

The increasingly hotly contested battle for the leadership of the African National Congress got a little dirtier when Cyril Ramaphosa, Deputy President of the ruling party, was targeted...


Can the usurpers unite?

After failing in a no-confidence vote, Jacob Zuma's opponents are lobbying for his impeachment

Twenty minutes after Speaker Baleka Mbete had announced on 8 August that the President had survived yet another confidence vote, a beaming Jacob Zuma, surrounded by bodyguards, swept...


ANC dilemma deepens

The ruling party is under growing pressure to decide between its leader and its future

As South Africa's political crisis deepens ahead of the no-confidence motion vote aimed at ousting President Jacob Zuma on 8 August, a broad front of civil society organisations...


Cyril's musical chairs

The presidential hopeful depends on a delicate mix of favours, talent and self-interest to produce his leadership slate

The Deputy President of the governing African National Congress, Cyril Ramaphosa, and his followers are performing an intricate balancing act. They are busy finalising nominations for the top...


Displaying 251-260 out of 841 results.