SABC News - Malusi Gigaba

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Mabuza held a meeting with all stakeholders who are in the mining sector to discuss new ways that will see black youth being integrated in the mining industry.
Youth to benefit from skills development program in mining sector

Tuesday 25 April 2017 16:46

Mpumalanga Premier David Mabuza says a more consultative process between government and the mining sector in the country is needed, in order to improve the development of the youth.

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Finance Minister Malusi Gigaba says the ANC prefers a mixed economy where both the public and the private sectors play an important role.
Private and public sector key to economic growth: Gigaba

Tuesday 25 April 2017 06:35

Finance Minister Malusi Gigaba is on a roadshow to the United States, trying to boost investor confidence in South Africa after recent political developments saw the country downgraded to junk status.

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The strength of the Rand has been attributed to factors including the outcome of the first round of the French election.
Rand strengthening as US currency weakens

Monday 24 April 2017 18:29

The rand continues to trade at levels under R13 to the dollar, as the US currency weakens.

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IMF, World Bank spring meetings conclude in Washington

Sunday 23 April 2017 08:54

The IMF and World Bank spring meetings have concluded in Washington, which were also attended by South Africa's Finance Minister Malusi Gigaba.

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Finance Minister Malusi Gigaba says Treasury continues to engage with ratings agency Moody's and remains optimistic that they can still avoid a third downgrade to junk status.
Gigaba optimistic ahead of meeting with IMF chief

Sunday 23 April 2017 07:09

Finance Minister Malusi Gigaba says he's looking forward to meeting with International Monetary Fund chief Christine LeGarde in Washington on Sunday.

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Finance Minister Malusi Gigaba has acknowledged that credit ratings agency, Moody's, may downgrade South Africa's sovereign credit rating.
Gigaba tasked with persuading investors

Saturday 22 April 2017 08:39

Finance Minister Malusi Gigaba will have to persuade both international and domestic investors that the changes in the Treasury will reduce uncertainty.

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Reserve Bank Governor Lesetja Kganyago that while prospects for the Rand remained fluid, the inflation outlook remained on a positive trajectory.
Global growth good news for SA: Kganyago

Saturday 22 April 2017 07:11

Global economic growth and improvements in the economic outlook offers South African policymakers an opportunity to engage with those positive developments.  

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Finance Minister Malusi Gigaba is in Washington DC, to participate in the annual spring meeting of the IMF and World Bank.
Gigaba in US, optimistic about SA's economic growth

Friday 21 April 2017 05:36

South Africa’s Finance Minister believes there are many possibilities for the country’s economy to grow.

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Rand extends gains on weak dollar, stocks down

Thursday 20 April 2017 20:40

South Africa's rand extended gains against the dollar on Thursday and government bonds firmed, helped by slowing inflation and the government's rejection of nationalisation of mines and banks.

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Economists say it’s going to be extremely difficult for Finance Minister Malusi Gigaba to gain the trust of international community, during US trip.
Stern test awaits Minister Gigaba in the US

Thursday 20 April 2017 06:00

Economists say Finance Minister Malusi Gigaba faces an uphill battle when he embarks on his first international trip following the cabinet reshuffle.

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South Africa’s cabinet reshuffle saw Malusi Gigaba become finance minister and Sifiso Buthelezi his deputy.
The markets can stomach a captured Treasury but SA’s poor will suffer

Wednesday 19 April 2017 16:19

The formal economy might find it a lot easier to live with a (partly) captured national treasury than many might imagine.

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Finance Minister Malusi Gigaba plans to re-assure investors of the country's commitment to fiscal discipline and work to prevent South Africa from suffering a third downgrade, during his multi-city.
Economic setbacks are temporary: Gigaba

Wednesday 19 April 2017 15:31

Finance Minister Malusi Gigaba says he believes the economic setbacks the country has suffered are temporary.

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Malikane’s views not those of Treasury: spokesperson

Wednesday 19 April 2017 10:52

The Treasury says Finance Minister Malusi Gigaba's advisor, Chris Malikane's views articulated in an opinion piece are just that.

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Gigaba to begin US multi-city road show

Wednesday 19 April 2017 05:25

Malusi Gigaba begins a multi-city road show of the US where he will participate in the annual Spring Meetings of the International Monetary Fund and the World Bank.

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Treasury distances itself from Malikane’s opinion

Tuesday 18 April 2017 20:05

National Treasury has distanced itself from opinions expressed by Finance Minister Malusi Gigaba's new advisor, Professor Chris Malikane, in an opinion piece published by the press this past weekend.

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Junk status will have a negative ripple effect: Expert

Tuesday 18 April 2017 09:03

Recent rating agencies downgrades could mean an increase on interest rates and competition, according to the International Association for Financial Executives (IAFE).

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Finance Minister Malusi Gigaba says he plans to move the economy away from its heavy dependence on services and the financial sector.
SA finance minister off to US investor roadshow

Friday 14 April 2017 06:20

Finance Minister Malusi Gigaba says he will tell potential investors that the economy remains the most advanced in Africa.

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S.Africa's rand edges higher as finmin vows to avoid third downgrade

Thursday 13 April 2017 19:40

South Africa's rand firmed slightly on Thursday after new Finance Minister Malusi Gigaba pledged to work to keep the country from a third credit downgrade to junk status.

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Gigaba says to meet with Moody's to stave off downgrade

Thursday 13 April 2017 14:34

Malusi Gigaba said on Thursday he would meet with ratings firm Moody's to convince them the country would stay on the path of fiscal discipline.

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Finance Minister Malusi Gigaba says government will continue working towards inclusive economic growth.
Gigaba assures no deviation from PFMA in nuclear deal

Wednesday 12 April 2017 18:54

The Minister of Finance, Malusi Gigaba, says there will be no deviation from the Public Finance Management Act at a time when nuclear energy is procured.

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