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Tag Archives: SOUTH AFRICA

TS&P cuts South Africa’s credit rating to ‘junk’

Johannesburg, South Africa | AFP | Credit rating agency Standard and Poor’s downgraded South Africa’s rating to junk status on Monday, as the country’s currency continued to slide following a controversial cabinet shuffle. “The executive changes initiated by President Zuma have put at risk fiscal and growth outcomes,” S&P said …

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Memorial of South Africa icon turns into anti-Zuma protest

Johannesburg, South Africa | AFP | A memorial service Saturday for anti-apartheid icon Ahmed Kathrada was transformed into a fierce attack on South African President Jacob Zuma, under fire after a controversial cabinet reshuffle. Party veterans of the ruling ANC, sacked finance minister Pravin Gordhan and Kathrada’s widow lined up to …

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South Africa cabinet bloodbath exposes ANC generational divide

  Johannesburg, South Africa | AFP | South African President Jacob Zuma’s sweeping cabinet overhaul exposes deep divisions between the ANC’s apartheid-struggle old guard and a new generation often accused of not living up to expectations. Malusi Gigaba, 45, who replaced Pravin Gordhan, 67, as finance minister is a fervent …

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South Africa: Zuma’s five biggest career scandals

Johannesburg, South Africa | AFP | South African President Jacob Zuma has come under fire from both his own party and the opposition over a cabinet reshuffle in which he fired his internationally respected finance minister. Zuma is no stranger to scandal. Here are five of his biggest career controversies: – …

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Potential successors of South Africa’s Zuma

Johannesburg, South Africa | AFP | The backlash against South African President Jacob Zuma’s shock reshuffle has intensified pressure on him to resign ahead of the 2019 general election. Here are four of his possible successors: – The negotiator – Cyril Ramaphosa, a 64-year-old veteran with strong anti-apartheid struggle credentials, …

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SOUTH AFRICA: Zuma sacks finance minister in shock reshuffle

Johannesburg, South Africa | AFP |South African President Jacob Zuma sacked his finance minister and made ten new cabinet appointments late Thursday in a dramatic reshuffle which could split the ruling ANC party. The African National Congress, which led the fight against apartheid and came to power under Nelson Mandela …

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‘Down with Zuma’ chants at S.Africa freedom icon’s funeral

Johannesburg, South Africa | AFP | The funeral of celebrated South African anti-apartheid activist Ahmed Kathrada on Wednesday was transformed into a rally against President Jacob Zuma, who had been barred from the event. The family of the African National Congress (ANC) stalwart, one of Nelson Mandela’s closest colleagues in …

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