The South African Reserve Bank has come under spotlight due to the critical role it must play in enabling the country to navigate rough waters. Governor Lesetja Kganyago shares his views.
The best chance South Africa has of recovering from sub-investment grade credit rating status is to have leaders who are prepared to break rank with the small-mindedness of the ruling party.
The focus will now be on how the social democratic and left-leaning members of South Africa’s cabinet – the “constitutionalists” – will respond to the reshuffle.
Airports Company of South Africa, a majority state owned enterprise, is set to be hit by a regulatory own-goal that puts further pressure on the country’s credit rating.
South Africa’s President, Jacob Zuma, promised radical economic transformation in his 2017 state of the nation address. A lot of what he said in support of this promise is alternative facts.
South Africa is breathing a sigh of relief after escaping a credit rating downgrade. But there are still serious concerns around structure of the country’s economy and finances.
The video which shows South African President Jacob Zuma sleeping in parliament during the 2016 mid term budget is symptomatic of a much larger problem of lack of respect for the public.
Moody’s has reaffirmed Australia’s AAA credit rating, as Malcolm Turnbull seeks to put pressure on Labor and crossbenchers to pass measures to help repair the budget.
As a veteran of the Rudd-Gillard-Rudd years, former treasurer Wayne Swan is a politician with a great deal of experience with parliamentary instability.
The political and fiscal vice in which Malcolm Turnbull is now caught was neatly illustrated by a coincidence of timing in these early post-election days.
Crossbencher Bob Katter has given his support on supply and confidence to a Coalition government after a meeting with Prime Minister Malcolm Turnbull in Brisbane.