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    South Africa’s beleaguered national carrier is being placed into “business rescue”, giving the airline breathing room to radically restructure, Public Enterprises Minister, Pravin Gordhan, said on Thursday. The government is contributing two billion rands ($137 million) to the effort to save South African Airways (SAA), as will the state-owned company’s existing lenders, Gordhan said in ...
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            South Africa’s Home Affairs Minister Malusi Gigaba has resigned, the president’s office said on Tuesday, following calls from opposition parties for him to stand down over a High Court ruling which said he had lied under oath. Gigaba, who was finance minister between March 2017 and February 2018, has denied any ...
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    Former South African Finance Minister Pravin Gordhan has implicated Jacob Zuma as being part of an orchestrated campaign to loot billions of rand in taxpayer funds and decimate state institutions during his almost nine-year tenure as president. Gordhan, who now oversees state companies, made the allegations in a statement to a judicial panel that’s investigating ...