R/€ = 15.69 Change: 0.05
R/$ = 13.83 Change: 0.01
Au 1281.42 $/oz Change: -12.44
Pt 794.99 $/oz Change: -8.87


Second member resigns from Ramaphosa's Eskom task team 

By: News24Wire      10th January 2019 A second member of President Cyril Ramaphosa's task team on Eskom has stepped down, the Presidency spokesperson Khusela Diko confirmed to Fin24. Diko told Fin24 on Thursday via Whatsapp that Sy Gourrah of Actom had asked to leave the task team in December. 

Ramaphosa to woo investment at G20

By: African News Agency      30th October 2018 President Cyril Ramaphosa will on Tuesday engage with heads of State and government and leaders of the global private sector as part of his participation in the G20 Compact with Africa Conference and the G20 Investment Summit, the Presidency said. "This follows President Ramaphosa’s successful... 

Jonas is said to decline South African Finance Minister post

By: Bloomberg     9th October 2018 Mcebisi Jonas declined an offer to replace Nhlanhla Nene as South Africa’s finance minister, spurring President Cyril Ramaphosa to consider central bank Governor Lesetja Kganyago and one of his predecessors, Tito Mboweni, for the job, according to three people familiar with the matter. Jonas, a... 

Ramaphosa to make an announcement on Nene's fate 'soon' – Presidency

By: News24Wire      9th October 2018 President Cyril Ramaphosa is concerned about the uncertainty being created in the financial markets around the fate of Finance Minister Nhlanhla Nene, his spokesperson Khusela Diko said on Tuesday. Speaking to News24, she said Ramaphosa would make an announcement on Nene's fate "soon". She did... 

President's office says 'not aware' of Nene request to be sacked

By: Reuters     8th October 2018 President Cyril Ramaphosa's spokesperson said on Monday his office was not aware of Finance Minister Nhlanhla Nene's request to be relieved of his duties after he admitted to visiting the Gupta brothers. The rand fell more than one percent when Business Day newspaper reported Nene had asked... 

Government's economic stimulus package to be made public soon – Presidency

By: African News Agency      17th September 2018 The economic stimulus package adopted by cabinet will reprioritise government spending within the existing fiscal framework towards activities that will stimulate economic activity, the presidency said on Sunday. President Cyril Ramaphosa had "shared" with South Africa’s business and labour... 

Fuel price protestors send letter of demand to Ramaphosa 

By: African News Agency      24th July 2018 An organisation formed to combat increases in petrol and paraffin prices has sent a list of demands to president Cyril Ramaphosa. People Against Petrol and Paraffin Price Increases (PAPPPI) has requested a meeting with the head of state before its attempt at a national shutdown on Friday. 

Ramaphosa embarks on Eskom overhaul

By: Reuters     12th July 2018 A month after Cyril Ramaphosa took the helm of South Africa's ruling African National Congress (ANC) in December, he called an urgent meeting with then-President Jacob Zuma and senior ministers to save state power firm Eskom. Ramaphosa understood sweeping changes were needed at the struggling... 

Ramaphosa to meet labour ministry after minimum wage protests

By: Reuters     26th April 2018 South African President Cyril Ramaphosa will on Thursday meet officials from the labour ministry to discuss the planned introduction of a national minimum wage, a day after nationwide protests over the policy which he has championed. Several thousand union members marched in Johannesburg, Cape... 

Ramaphosa welcomes new continental free trade agreement

By: News24Wire      21st March 2018 President Cyril Ramaphosa has welcomed the adoption by the African Union of an agreement of free trade on the continent as "a new beginning for the continent that will catapult African countries and companies to much higher levels of growth". Ramaphosa returns to South Africa Wednesday night... 

Moyane threatens Ramaphosa with legal action over suspension

By: News24Wire      20th March 2018 Suspended South African Revenue Service (Sars) head Tom Moyane has threatened legal action over his suspension.  In a letter that Moyane wrote to President Cyril Ramaphosa on March 19, he said that his suspension was part of an "unlawful process".  

Acting SARS commissioner announced

By: News24Wire      20th March 2018 Mark Kingon has been appointed as the acting SARS commissioner, National Treasury has confirmed. Kingon is currently the acting chief officer of business and individual taxes division at the revenue service. "He has been with SARS since its establishment and worked his way through the ranks to... 

Ramaphosa meets chief executives at State-owned companies

By: African News Agency      14th March 2018 President Cyril Ramaphosa held brief discussions on Tuesday 13 March 2018, with Chief Executive Officers of a number of state-owned companies (SOC). In his February 2018 State of the Nation Address, the president said the government would intervene decisively to stabilise and revitalise... 


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