Tag: finmin

South Africa’s rand tumbles as political risks weigh

South Africa's rand and government bonds extended losses early on Tuesday after President Jacob Zuma asked Finance Minister Pravin Gordhan to return early from an investor roadshow, triggering speculation of an imminent...

S.Africa's Gordhan alleges campaign by Guptas against Treasury

The Gupta brothers had accused Gordhan of planning to diminish their business.

South Africa's FinMin Gordhan orders inquiry into tax agency

SARS said in a statement on Thursday it was concerned over the comments questioning the integrity of its leadership.

Fraud charges against S.A FinMin Gordhan dropped – state prosecutor

The rand gained as much as 1.6 percent against the dollar, while bonds firmed as the head of the prosecution service, read his decision.

S.African prosecutor to brief media amid speculation on FinMin charges

State prosecutor Shaun Abrahams said on Sunday he had yet to decide whether to proceed with the charges against Gordhan and two co-accused.

South Africa's FinMin declines to comment on ANC backing

Gordhan said he had tried not to let the case distract him while preparing a mid-term budget presented to parliament on Wednesday.

South Africa's rand largely flat against in anticipation of mid term budget

Rand at 13.8950 versus the greenback by 0639 GMT, barely shifted from Monday's close at 13.9050.

South Africa's rand weakens ahead of ECB meeting

Rand remains poised to resume its rally after testing the 13.80 level seen before last week's 4 percent collapse.
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