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News from and about South Africa and around the world.

Gordhan budget steps ‘won’t stop SA decline’

Steps announced by South African finance minister, Pravin Gordhan, in his budget speech did not go nearly far enough to halt and reverse South Africa’s economic decline because the collapse of global investor confidence in the country’s political leadership has translated into plunging domestic and business confidence.

More setbacks for SAA

It does not seem as if South African Airways’ (SAA) misery ever stops. Despite being bailed out by tax payers’ money every year for financial mismanagement, the Finance Minister Pravin Gordhan has now written to the Speaker of Parliament requesting a further extension for the tabling of the SAA annual...

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