Articles on Trevor Manuel

Displaying all articles

South Africa’s President Jacob Zuma (right) and Deputy President Cyril Ramaphosa. The jury is out on whether Ramaphosa will break ranks. Mike Hutchings/Reuters

Prexit: as South Africa looks over the abyss who will blink?

The stakes have not been higher since the heady days of the early 1990s when South Africa also looked over the brink. Now it is less about brink and more about who will blink
The South African currency, the rand, fell to its lowest level in four years after President Jacob Zuma removed the country’s finance minister. Reuters/Siphiwe Sibeko

The removal of South Africa’s finance minister is bad news for the country

The removal of Minister Nene is a significant act. The fact that he has been replaced by someone who is unknown and untested simply compounds it.

Top contributors