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Tag: Zuma

Zuma claims nuclear deal could have averted S.Africa’s power crisis

South Africa’s former president Jacob Zuma says a controversial nuclear deal that was defeated by a legal challenge from environmentalists could have prevented the ongoing power crisis. Eskom supplies more than 90...

Warning signs for the rand as Zuma vs ANC gets messy

The rand is still trading as if South Africa’s president Jacob Zuma is as good as gone. But the options market suggests some investors are starting to lose conviction. The...

Zuma’s fate more pressing than SONA postponement

The Cape Chamber of Commerce and Industry has welcomed the postponement of the State of the Nation address in Parliament, but it is concerned about the delay in deciding on President...

Here’s where the rand could go should Zuma step down

The rand eased in early trade on Tuesday, relinquishing some of the gains it notched up in a previous session on news that the ruling political party, the ANC was deciding...

Rand investors increase bets South Africa’s Ramaphosa will replace Zuma

Investors are using the forward options market to increase bets that South Africa’s Deputy President Cyril Ramaphosa will win the race to become the next leader of the ruling African National...

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SA reportedly considers special purpose vehicle for Eskom

South Africa is considering the creation of a special-purpose vehicle as part of a restructuring of the country’s embattled state-owned power utility, which has...

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