JOHANNESBURG Former South African President Jacob Zuma ducked and dived on his second day of testimony at a corruption inquiry on Tuesday, saying he knew nothing about his business friends the Guptas allegedly offering a former lawmaker a ministerial position.
JOHANNESBURG Former South African President Jacob Zuma told a corruption inquiry on Monday that enemies had plotted to bring him down, and he had never broken the law with the business family at the centre of an influence-peddling scandal.
* Will not sell equity stakes to Saudi's SAMI
(Writes through with quotes, details)
* Officials think existing $16 billion bailout not enough
(Adds more on potential implications for Eskom, government)
JOHANNESBURG A row within South Africa's African National Congress (ANC) about the role of the central bank has unnerved investors and exposed deep divisions in the governing party.
JOHANNESBURG/LONDON A row within South Africa's ruling African National Congress (ANC) party about the role of the country's central bank is unnerving investors because it is being driven by bitter factional battles rather than sober policy debate.
JOHANNESBURG A row centring on the South African central bank exposed deep divisions in the governing ANC party on Wednesday, as a faction loyal to President Cyril Ramaphosa opposed calls from a rival group for the bank to do more to boost employment and growth.
JOHANNESBURG President Cyril Ramaphosa's mission to fix two of South Africa's most troubled state companies, power firm Eskom and South African Airways (SAA), could take longer than planned after their chief executives quit within a week of each other. | Video
PRETORIA/JOHANNESBURG South Africa's governing party has agreed to expand the central bank's mandate to include employment and growth as well as inflation, a senior party official said on Tuesday, hours after data showed the worst economic contraction in a decade.
JOHANNESBURG, June 4 President Cyril Ramaphosa's
mission to fix two of South Africa's most troubled state
companies, power firm Eskom and South African Airways (SAA),
could take longer than planned after their chief executives quit
within a week of each other.