Author

 
Arabile Gumede

Arabile Gumede

    Zuma budget hole leaves SA with tough decisions on tax
    Zuma budget hole leaves SA with tough decisions on tax
    South Africa may have a new finance minister soon following the replacement of its president, but whoever replaces Malusi Gigaba will still face a...
    Preview: Pravin Gordhan's budget predicament
    Preview: Pravin Gordhan's budget predicament
    Finance Minister Pravin Gordhan has to weigh the impact of higher taxes and reduced government spending on growth as he tries to keep the country’s investment-grade credit rating....
    South Africa’s woes plain to see on the dawn of Sona
    South Africa’s woes plain to see on the dawn of Sona
    President Jacob Zuma will need to confront more than opposition MPs disrupting his annual speech at the opening of Parliament as he seeks to...
    Reserve Bank keeps benchmark repurchase rate unchanged at 7%
    Reserve Bank keeps benchmark repurchase rate unchanged at 7%
    The Reserve Bank kept borrowing costs unchanged for a fifth straight meeting even as inflation forecasts worsened.
    Reprieve for South Africa as S&P leaves credit rating unchanged
    Reprieve for South Africa as S&P leaves credit rating unchanged
    South Africa received a reprieve as S&P left its assessment of the nation’s foreign-currency debt unchanged at one level above junk, while...
    Fitch changes South Africa's credit rating outlook to negative
    Fitch changes South Africa's credit rating outlook to negative
    South Africa moved closer to a possible junk credit rating after Fitch changed the outlook on its assessment to negative from stable and warned...
    Reserve Bank leaves repo rate unchanged, warns of risks to the rand
    Reserve Bank leaves repo rate unchanged, warns of risks to the rand
    The Reserve Bank left borrowing costs unchanged for a fourth straight meeting even as it warned risks to the rand and inflation may force it to...
    Junk status is inevitable for South Africa, say economists
    Junk status is inevitable for South Africa, say economists
    Should South Africa avoid having its credit rating cut to junk in the next two weeks, it could just be staving off the inevitable.
    Junk status looms following Pravin Gordhan fraud charge
    Junk status looms following Pravin Gordhan fraud charge
    Fraud charges against South African Finance Minister Pravin Gordhan have moved the country a step closer to a junk rating and put the possibility...
    Reserve Bank leaves benchmark rate unchanged at 7%
    Reserve Bank leaves benchmark rate unchanged at 7%
    The South African Reserve Bank (SARB) left interest rates unchanged for a third consecutive meeting as it cut its inflation forecast...
    ANC leans toward more populist economic policies to win back lost voters
    ANC leans toward more populist economic policies to win back lost voters
    South Africa’s ruling African National Congress is leaning toward more populist economic policies to win back support after its worst performance...
    Unprecedented JSE error means current account is under greater pressure
    Unprecedented JSE error means current account is under greater pressure
    An unprecedented error by South Africa’s stock exchange had everyone from stock analysts to economists and the central bank reassessing two whole...