Pravin Gordhan is a prominent South African politician, born on April 12, 1949, in Durban. He notably served as Minister of Finance from 2009 to 2014 and again from 2015 to 2017, implementing vital economic policies. Gordhan also held roles in public enterprises and governance, advocating for transparency, accountability, and combating corruption during his career. His contributions have been crucial to South Africa's economic development and stability.
ANC secretary general Gwede Mantashe says lifestyle audits might also be on the cards for government officials and public servants.
"You must never paint the picture that you are an institution fighting a government you are a part of," the ANC secretary general said.
He did so in his courageous 2016 budget speech when he spoke of state predation and corruption
The political turmoil aside, there are positive signs that the country is heading for better times.
Financiers are likely to question the dearth of restructuring and the country’s faltering growth.
SAA’s losses for the 2014/15 financial year were R5.6-billion – close to R1-billionn more than the expected amount of R4.7-billion.
But the finance minister did warn Oakbay that it should have nothing to hide if it goes that route.
"South Africa has better prospects of pulling itself above 1%, if we give it the opportunity to do so," the finance minister said.
Some politicians and commentators have suggested that Finance Minister Pravin Gordhan must not consider himself to be “above the law”.
The finance minister says he does not perceive the airline’s chairperson as an ‘all-powerful person who can do what he or she likes’.
Finance minister says he asked Oakbay CEO Nazeem Howa to provide him with letters the banks had given the company when its accounts were terminated.
The finance minister says he will reveal all the interactions the treasury has had with Oakbay
The state-owned airline needs to ‘hire a competent, experienced CEO’ as one of the conditions for getting a R5-billion bailout, says Gordhan.
The courts offer recourse to companies that are unhappy with banks, finance minister tells audience at Cape Town book festival.
President Jacob Zuma is digging a deeper pit of disasters rather than acting in the nation’s interests.
The presidency has slammed the City Press report claiming the tension between Zuma and Gordhan warranted the use of separate planes.
South Africa’s embattled finance minister Pravin Gordhan has come under attack from two colleagues in government.
The banks’ decision was influenced by ‘potentially reckless media statements’ about the Gupta family, says inter-ministerial team.
Myeni, who is President Jacob Zuma’s ally, was appointed alongside 11 other board members on Friday.
Compromise deal sees the president’s friend Dudu Myeni retained at SAA.
The tangled web of murky dealings at parastatals hints at how state procurement has been fiddledå
Local asset managers have expressed support for Futuregrowth, suggesting they won’t lend money to parastatals.
Finance Minister Pravin Gordhan repeatedly offered the Hawks his assistance, but the law enforcement agency did not take him up on his invitation.
Gordhan had responded to all the Hawks’ enquiries, offered to provide any further assistance and had scrupulously acted in accordance with the law.
Ordinary citizens wanting to do something about the bitter struggle taking place at the heart of government should organise and mobilise.
Failure to submit regulatory documents to authorities by September 30 will, however, see the airline’s flights to the Chinese territory halted.
The investigative unit should refrain from making ‘a public exercise’ out of probes into ministers, says ANC secretary general.
Those who favour a widespread narrative argue that if Gordhan is innocent of wrongdoing, the legal process will establish his innocence.
Van Rooyen distanced President Jacob Zuma from the spat between the minister and the Hawks saying it had nothing to do with the president.
The Hawks have again illustrated the danger of state institutions that do the political bidding of their political masters and fail to follow the law.
Opposition parties and analysts have said Zuma and his supporters may use Gordhan’s probe to install a more compliant finance minister.
The ANC deputy secretary general has described Gordhan’s refusal to report to the Hawks as part of an international campaign against South Africa.