JOHANNESBURG, SOUTH AFRICA (OCTOBER 19, 2017) (REUTERS) – The FBI has opened an investigation into U.S. links to South Africa’s Guptas, escalating a scandal over the family’s alleged use of a friendship with President Jacob Zuma to control state businesses, the Financial Times said on Thursday (19 October). Continue reading
Signalling a swing to the left, South Africa’s new finance minister says he wants to radically change the economy but pledging to maintain fiscal stability.
President Jacob Zuma’s midnight sacking of his finance minister shook South African markets on Friday, undermining his authority and threatening to split the African National Congress (ANC) that has governed since the end of apartheid. Lucy Fielder reports. Continue reading
Members of South Africa’s opposition parties arrive at the High Court in Pretoria to push for the release of a report which alleges political interference by wealthy friends of President Jacob Zuma.