Ponzi-scheme suspect Tannenbaum faces arrest
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NTPC sale to fetch 1.8 billion dollars: Disinvestment Secretary
By: AMITOO2_44
A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...
12 days ago
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Disinvestment Secretary: NTPC sale to fetch 1.8 billion dollars
By: munish25
A five percent stake sale of the state-run power producer National Thermal Power Corporation (NTPC) could fetch the government 1.8 billion dollars (81 billion rupees), Disinvestment Secretary Sunil Mitra said on Friday. Last week, the government mandated more sales of shares by state firms and changed the rules on how it can use the ...
12 days ago
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Countless Jobs Created And Saved. In Fantasyland.
By: dirtbagchronicle
So it may be that the geographic location with the biggest claim to job creation and salvation success is situated directly in Fantasyland. At least the unemployed know where all the jobs are going now. "Here's a stimulus success story: In Arizona's 15th congressional district, 30 jobs have been saved or created with just $761,420 in federal ...
9 days ago
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Intervention Liquidity Helped of Century Bank Indonesia Is Criticism ...
By: Achristelth
Government of Indonesia led by President Susilo Bambang Yudhoyono has assessed the error in the policy to provide liquidity helped of the Bank Century Indonesia. Government assistance so-called long-term loans to restore Century Bank was misused. This case began with bad credit that caused the bank's collapse. The results of the Corruption ...
10 days ago
- News Source: I Africa | 27 days agoSeveral former senior Land Bank executives are under investigation after the misappropriation of millions of rand was revealed. Gordhan announced on Tuesday the bank would receive an additional R1-billion as soon as a turnaround strategy was...
- News Source: News 24 | 28 days agoWe are not going to go in the direction of some countries... taking, if you like, control of the situation. What we are going to do is to work with the Reserve Bank and make sure we grow our reserves." he said, adding the government did not have a...
- News Source: I Africa | 28 days agoWarrants of arrest have been issued for Reese and Tannenbaum, accused of being the mastermind of a R12.5-billion Ponzi scheme fraud, said Directorate for Priority Crime Investigations spokesperson Musa Zondi. Their names would be circulated to police...
- News Source: Financial Times | 28 days agoUnveiling his first mid-term budget statement, Pravin Gordhan told South Africa’s parliament that the government planned to raise R640bn ($83bn, €56bn, £51bn) in debt over the next four years. “Higher borrowing is the right thing to do, in...
- News Source: News 24 | 28 days agoIt could almost have been Trevor Manuel speaking," said Philip Dexter, the spokesperson of the Congress of the People (Cope), after listening to new Finance Minister Pravin Gordhan deliver his first major financial policy statement in the National...
- News Source: News 24 | 28 days agoManagement of the South African fiscus may be subject to economics rather than politics as stated earlier on Tuesday by Pravin Gordhan, but the finance minister also gave a nod to the left claiming the country had to rethink its economic model.
- Blog Source: iluvsa.blogspot.comSomeone has to put up for the promises to the millions of ANC supporters, right, so why not you my dear overburdened white taxpayer? Apparently you're not being taxed enough either. We already have one of the world's highest tax to non- delivery
- Blog Source: blogs.timeslive.co.zaSpeech by Minister of Finance, Mr Pravin Gordhan during the Mid Term Budget Policy for 2009. 27 October 2009. It is my privilege to present to this House and fellow South Africans the first Budget Policy Statement of President Zuma's government. ....
- Blog Source: www.fin24.comCape Town - Finance Minister Pravin Gordhan is considering the setting up a fund to help business increase employment. In his Medium-Term Budget Policy Statement, which he tabled in parliament on Tuesday, Gordhan made it clear that the ...
- Blog Source: www.fin24.comCape Town - South Africa's finance minister, Pravin Gordhan, said on Tuesday that he is concerned about the strong and uncompetitive levels of the rand at the moment and wished authorities had the capacity to intervene in a more ...
- Blog Source: www.fin24.comCape Town - South Africa's finance minister, Pravin Gordhan, said on Tuesday that he can see no reason to change the 3-6% inflation target band. But he did signal that Treasury is monitoring debate on developments around inflation ...
- Blog Source: www.fin24.comJac Laubscher, Sanlam group economist, says this is probably the most important mid-term budget to date, as it questions the sustainability of South Africa's prudent fiscal policy for the first time. "... The challenge over the next few ...
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- Video Source: www.truveo.com3rd Africa Emerging Markets ...Video Source: www.truveo.com3rd Africa Emerging Markets Summit - SA Finance Minister - Pravin Gordhan
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