The public protector was grilled so badly in court that she was left fighting for her professional life
In June this year, Mkhwebane put her signature to a report that seemed to suggest that the government must recover R1.125-billion from Absa.
The hearing is expected to wrap on Wednesday afternoon or during the course of Thursday morning.
Gigaba has asked the court to overturn the entire Bankorp report rather than just striking down sections of it, as Absa and the Reserve Bank has asked
After getting wrong the law and the facts, the public protector outsourced the process of trying to justify a crucial report, ABSA told the court.
The Reserve Bank and Absa have lost their cool and the court battle promises to be ugly
Former SAA board chairperson Dudu Myeni and six board members were sacked from the board last month.
The banks’ exposure to the utility is limited but a debt failure would create a financial black hole
Public protector Busisiwe Mkhwebane faces a bruising day in court on Friday, if papers from the Reserve Bank are anything to go by.
The public protector has defended her undisclosed meetings with the presidency and SSA saying nothing was untoward.
"She’s setting the record straight … currently, how things are playing out, it’s a bit silly."
South Africa’s recently announced economic recovery plan failed to break away from the cumbersome neo-liberal line.
South Africa’s gross domestic product has rebounded with 2.5% growth for the second quarter of the year.
The public protector has been exposed as incompetent after trying to meddle with the constitutional mandate of the country’s central bank.
Mkhwebane must pay costs for the application, up to and including the filing of her answering affidavit, the judge said.
The International Monetary Fund’s view of how to fix South Africa’s economy deserves to be seriously considered.
The South African Reserve Bank’s surprise decision to cut interest rates by 0.25% offers some reprieve for financially strained South Africans.
Busisiwe Mkhwebane won’t oppose the Bank’s application to have the report reviewed but the Bank says there are factual inaccuracies in the report.
The EFF has called on Busisiwe Mkhwebane to "do the honourable thing" and step down as public protector.
Both the finance minister and the ANC have told delegates at the ruling party’s policy conference they believe the public protector has overreached.
For years it worried that a bail-out probe could spell trouble. And it did — in an unexpected way
Discussion documents don’t talk to the issues most likely to derail deliberations
A financial system that is sure to collapse if the central bank cares about people’s well-being goes against democratic principle.
This week, Mkhwebane ordered Parliament to change the Constitution to remove the Reserve Bank’s mandate to keep inflation under control.
A court battle is looming between the Reserve Bank and the public protector
"The central bank respondents said they could not be “strong-armed” into making a decision"
An urgent court matter appears linked to the Guptas’ dwindling banking options.
Nationalisation would leave people at the mercy of a government that has already proven to be self-serving and intent on growing personal wealth.
Educators want to draw on funds while they are working, rather than resigning to get money
The central bank wants the merger between the Habib Overseas Bank’s South African unit and a local company to be blocked.
The key lending rate has remained unchanged since March after the monetary policy committee raised it by 200 basis points.
The MPC decided unanimously to leave the benchmark repurchase rate at 7%.