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Nhlanhla Nene

Back from the brink: South Africa puts its money on Pravin
Article
/ 14 December 2015

Back from the brink: South Africa puts its money on Pravin

Gordhan returns to the finance ministry with a renewed focus on helping the poor and protecting state enterprises from opportunism and corruption.

By Nelly Shamase
Walter Sisulu’s grandson breaks ranks and condemns Nene’s axing
Article
/ 10 December 2015

Walter Sisulu’s grandson breaks ranks and condemns Nene’s axing

Activist and loyal ANC member Shaka Sisulu has "broken ranks" and disagreed with Wednesday’s reshuffle, deploring the "neutered" ANC’s response.

By Staff Reporter
Comment: Will the ANC stand up to Zuma?
Article
/ 10 December 2015

Comment: Will the ANC stand up to Zuma?

In sacking Nhlanhla Nene, Jacob Zuma has demonstrated that he does not care about the common good, only about his own survival, argues Sam Sole.

By Sam Sole Author and Sam Sole
ANC allies demand to be consulted on Cabinet reshuffles
Article
/ 10 December 2015

ANC allies demand to be consulted on Cabinet reshuffles

SACP and Cosatu want the tripartite alliance, not just the ANC, to be the strategic decision-makers when it comes to ministers.

By Matuma Letsoalo Author
Nene axing a warning to Ramaphosa to behave
Article
/ 10 December 2015

Nene axing a warning to Ramaphosa to behave

Speculation is that Jacob Zuma is neutralising his critics to anoint his ex-wife, Nkosazana Dlamini-Zuma, as the next ANC leader.

By Matuma Letsoalo Author
Editorial: Who will stop the wrecking ball?
Article
/ 10 December 2015

Editorial: Who will stop the wrecking ball?

This decision paints Zuma not as a strong leader but as an increasingly desperate one, eager to feed at the trough while he still can.

By Editorial
Nene bombshell shatters SA
Article
/ 10 December 2015

Nene bombshell shatters SA

Jacob Zuma replacing Nhlanhla Nene with David van Rooyen as finance minister has mauled investor confidence and the fallout could become even worse.

By Lynley Donnelly
Nhlanhla Nene removed as finance minister
Article
/ 9 December 2015

Nhlanhla Nene removed as finance minister

President Jacob Zuma has removed Nene as the minister of finance and replaced him with ANC MP David van Rooyen.

By Matuma Letsoalo Author
Wage pact weighs on Nene’s budget
Article
/ 22 October 2015

Wage pact weighs on Nene’s budget

Public sector employees may be happy, but the wage hike won in June comes at a rotten time for the treasury.

By Lynley Donnelly
Nene delivers budget under siege
Article
/ 22 October 2015

Nene delivers budget under siege

As campuses erupt over #FeesMustFall and a recession looms, experts say Finance Minister Nhlanhla Nene is offering nothing new.

By Staff Reporter
Police clash with student protesters outside Parliament
Article
/ 21 October 2015

Police clash with student protesters outside Parliament

Public order police fired stun grenades and teargas to halt crowds of protesting students outside Parliament as Nene delivered his budget speech.

By Staff Reporter
Nene may abandon deficit targets as downgrade threat looms
Article
/ 20 October 2015

Nene may abandon deficit targets as downgrade threat looms

With the nation’s credit rating in terrible shape, SA’s finance minister may be forced to downgrade growth and tax forecasts in his mid-term budget.

By Rene Vollgraaff
Tax dodgers, fake BEE scams hit in govt tender system
Article
/ 2 September 2015

Tax dodgers, fake BEE scams hit in govt tender system

Nhlanhla Nene pledges to end billions of rand lost in dodgy tenders with the roll-out of a compulsory supplier database in the next seven months.

By Phillip De Wet
AfDB sizes up candidates for president
Africa
/ 28 May 2015

AfDB sizes up candidates for president

Outogoing African Development Bank (AfDB) president Donald Kaberuka said this week the bank’s governance structures and business model "were wrong".

By Thuletho Zwane
Africa rising leaves the poor behind
Article
/ 28 May 2015

Africa rising leaves the poor behind

The continent has shown strong economic growth in the past decade, but poverty has worsened.

By Thuletho Zwane
Tax-base erosion cripples Africa
Article
/ 23 April 2015

Tax-base erosion cripples Africa

Multinationals play such a large role in many nations’ budgets that effective control is crucial.

By Staff Reporter
‘Nzimande indicates left, Nene right’
Article
/ 10 April 2015

‘Nzimande indicates left, Nene right’

Contradicting stances by government leaders makes the potential revival of teacher colleges even harder to do than it already is.

By Bongani Nkosi
Nene falls in with big business
Article
/ 6 March 2015

Nene falls in with big business

With additional pressures on the poor, judgment day could be approaching faster.

By Patrick Bond
Concourt asked to set aside exit fee ruling in Shuttleworth’s favour
Article
/ 3 March 2015

Concourt asked to set aside exit fee ruling in Shuttleworth’s favour

The Reserve Bank and the finance minister have asked the Constitutional Court to overturn a ruling on exit fee charges for capital leaving SA.

By Sarah Evans
Road Accident Fund gets temporary relief
Article
/ 27 February 2015

Road Accident Fund gets temporary relief

Finance Minister Nhlanhla Nene described the increase in the road accident fund fuel levy as “substantial”.

By Lloyd Gedye
Nene skimps on details of assets sale
Article
/ 27 February 2015

Nene skimps on details of assets sale

The minister proposes a temporary increase in the electricity levy but few believe it will end.

By Staff Reporter
Novice Nene in political frying pan
Article
/ 26 February 2015

Novice Nene in political frying pan

The finance minister has delivered a tough budget to counter the effects of ongoing maladministration.

By Staff Reporter
Editorial: Taxpayers bear the burden
Article
/ 26 February 2015

Editorial: Taxpayers bear the burden

In dire financial times for South Africa, the President’s Russian nuclear deal is not even mentioned in the national budget.

By Editorial
Nene is no Tom Cruise, even if his mission is impossible
Article
/ 26 February 2015

Nene is no Tom Cruise, even if his mission is impossible

Nhlanhla Nene has little good luck and plenty of tough luck for the country’s millions of children, young people and universities as well.

By David Macfarlane
Budget speech: Nene clamps down on bugbears
Article
/ 25 February 2015

Budget speech: Nene clamps down on bugbears

The finance minister announced treasury’s intention to reduce the main budget expenditure ceiling by R25-billion over the next two years.

By Thalia Holmes
Budget 2015: Nene doles out our tax fate
Article
/ 25 February 2015

Budget 2015: Nene doles out our tax fate

Aside from the usual rise in sin taxes, petrol, electricity and income tax are going up, while small businesses are getting some reprieve.

By Thalia Holmes
Nene approves additional R6.4bn guarantee for SAA
Article
/ 22 January 2015

Nene approves additional R6.4bn guarantee for SAA

Finance Minister Nhlanhla Nene approved an additional guarantee for SAA, bringing the total to R14.4-billion, but there are conditions attached.

By Sapaxxxx
Nene: Sars still a model public institution
Article
/ 21 December 2014

Nene: Sars still a model public institution

Minister of Finance Nhlanhla Nene says that he, alongside Sars Commissioner Tom Moyane, will make sure that the fiscal institution redeems itself.

By Sapaxxxx
Another brick in the wall for the New Development Bank
Article
/ 18 November 2014

Another brick in the wall for the New Development Bank

The recent G20 summit presented the Brics countries with an opportunity to fast-track plans for the establishment of a joint financial institution.

By Staff Reporter
New taxes Nene wants you to pay
Article
/ 30 October 2014

New taxes Nene wants you to pay

There will be more than the results of the usual Christmas binge spending to cope with, come February.

By Lynley Donnelly
Medium-term budget could herald dawn of austerity
Article
/ 27 October 2014

Medium-term budget could herald dawn of austerity

Civil society and trade unions fear Finance Minister Nhlanhla Nene’s medium-term budget spells the beginning of austerity for South Africa.

By Lynley Donnelly
Infographic: The medium-term budget at a glance
Article
/ 23 October 2014

Infographic: The medium-term budget at a glance

Economic growth is slower than expected, government debt is rising. Here’s what the new finance minister plans to do about it.

By Laura Grant
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