New South African president suspends tax chief
South Africa's new president, Cyril Ramaphosa, has suspended the head of the tax service ahead of "disciplinary proceedings" as he vows to fight graft following his predecessor Jacob Zuma's ousting.
South Africa's new president vows faster land redistribution
South African President Cyril Ramaphosa, who came to power last month, vowed on Wednesday to "escalate the pace" of redistributing land from wealthy whites to poorer blacks.
Dark cloud over South Africa
Following the desperate push to get him out of office and eventual capitulation of former President Jacob Zuma to the intense pressure by his own party to quit, dark clouds hanging over the country since the December elective national conference of the ruling party, which narrowly produced Mr. Cyril Ramaphosa......
South Africa must resist another captured president: this time by the markets
The African National Congress (ANC) has made a dangerous habit of bringing post-apartheid South Africa to the brink of instability and the common ruin of all. The resignation of former President Jacob Zuma and his replacement by Cyril Ramaphosa was such a moment.
South Africa hikes sales tax in 'tough' post-Zuma budget
South Africa braces for a tough budget speech Wednesday amid renewed optimism spurred by the country's new reformist president who has promised to drive the economy out of the doldrums.
South Africa’s power utility Eskom would have defaulted without PIC loan
South Africa’s Public Investment Corporation (PIC), Africa’s biggest investment fund, said on Tuesday that without a 5 billion rand ($420 million) loan it advanced to cash-strapped utility Eskom, the utility would have defaulted on its existing debts with lenders. The PIC, which holds a large chunk of government bonds and stakes in leading South African…
Ramaphosa succeeds Zuma as South African president
South African lawmakers formally named wealthy former businessman Cyril Ramaphosa as new president Thursday after scandal-tainted Jacob Zuma resigned under intense pressure from his own party. Ramaphosa, the only candidate, was approved without a vote by the parliament in Cape Town, chief justice Mogoeng Mogoeng told assembled lawmakers, to loud cheers. Zuma announced his resignation…
South Africa's Ramaphosa admits 'disunity' as Zuma fights exit
The top decision-making body of South Africa's ruling ANC will meet on February 12, 2018 following days of...
No pardon for Zuma, suggests South Africa's likely next leader
South African President Jacob Zuma, who faces possible prosecution for alleged graft, will be treated "without favour", his likely successor has said.