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16 January 2019 7:24 AM Ramaphosa says independence of the Reserve Bank is 'sacrosanct'

President Cyril Ramaphosa says there are no plans to interfere with the independence of the SA Reserve Bank, in an apparent climb down from what is contained in the ANC's election manifesto. Addressing business leaders on Wednesday morning ahead of the World Economic Forum in Davos, Ramaphosa said what came out of the ANC meeting was a line that only expressed 108

07 January 2019 5:50 PM World Bank President Jim Yong Kim announces resignation

Washington -World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire. "It has been a great honor to serve as president of this remarkable institution, full of passionate individuals dedicated to the mission of ending extreme poverty in our lifetime," Kim said in a statement 46

22 November 2018 8:53 AM Ramaphosa to announce Cabinet reshuffle

President Cyril Ramaphosa is expected to announce changes to the National Executive at the Union Buildings, Pretoria, at 15:00 on Thursday. In a statement issued on Thursday morning the Presidency said "these changes have been occasioned by the passing away in September 2018 of the Minister of Environmental Affairs, Ms Edna Molewa, and the more recent 42

19 November 2018 11:33 AM 6 killed, 5 wounded in corruption protests across Haiti

Police say six people have died and at least five were wounded during demonstrations across Haiti protesting allegations of embezzlement from a Venezuelan programme that provided the country with subsidised oil. President Jovenel Moise called for dialogue with opposition groups that are seeking his resignation for failing to investigate corruption 36

16 November 2018 9:54 AM Top Eskom executive resigns hours after suspension

Mere hours after Eskom on Friday announced it had suspended its Executive for the Group Capital Division, Abram Masango, lawyers for Masango announced his immediate resignation from the power utility. "After more than 20 dedicated years as a loyal and committed senior Executive of Eskom, Mr Abram Masango, the highly respected whistle-blower who exposed 42

13 November 2018 8:07 PM 'Didn't he say there'd be hell to pay?' – Twitter reacts to Gigaba's resignation

South African Twitter users have expressed their opinion on the resignation of embattled former minister of home affairs Malusi Gigaba. Gigaba, who has been closely associated with the infamous Gupta family and state capture, went viral with the hashtag #MalusiGigaba on Tuesday shortly after officially resigning. Gigaba left office amid mounting political 39

05 November 2018 4:53 PM Madagascar: three presidents, three crises

Madagascar's past three presidents, all in the running against 43 other candidates in the presidential vote on November 7, each had their terms tarnished by political crises. Marc Ravalomanana, a former milkman turned millionaire milk mogul is declared winner of the presidential election in 2002 after a crisis lasting nearly seven months against outgoing 41

31 October 2018 7:10 PM Yet another suspension at Transnet

Transnet announced on Wednesday that it has suspended its former group supply chain officer Edward Thomas pending investigations into various allegations of misconduct involving a number of contracts. Transnet said it is currently conducting investigations into allegations of impropriety concerning the role played by some advisors and consultants including 86

26 October 2018 2:34 PM Maimane pushed to talk about De Lille, 5 DA members who resigned: 'They must be investigated'

DA leader Mmusi Maimane gave the media a torrid time in Polokwane, Limpopo, on Friday after refusing to answer questions relating to developing events in the City of Cape Town. Maimane was in Limpopo on Friday to launch his party's Team One SA campaign and to hand over a memorandum of demands to the Limpopo Economic Development Agency over the Makhado-Musina 46

25 October 2018 3:27 PM BREAKING: Transnet treasurer Phetolo Ramosebudi resigns amid 'inside job' allegations

Transnet Group Treasurer Phetolo Ramosebudi has resigned with immediate effect, the entity has confirmed. "Please be advised that Transnet’s Group Treasurer, Mr. Phetolo Ramosebudi has tendered his resignation with immediate effect after being served with a notice of intent to suspend him," Transnet said in a statement on Thursday afternoon. "The notice 31