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The former national treasury director-general and chairman of the Government Employees Pension Fund, Dondo Mogajane, has resigned from all professional roles and board positions. (Dwayne Senior/Bloomberg/Getty Images)

Treasury needs an insider director general

But the department’s already reduced ranks may make it difficult to find someone with the technical know-how and clout to replace Dondo Mogajane

The New Development Bank pledges billions of dollars towards infrastructure development in South Africa.

Government gets $2bn more in pledges towards infrastructure development

The New Development Bank pledges billions of dollars towards infrastructure development in South Africa. Implementing infrastructure development is one of the measures the…

Ratsoma’s appointment is with effect from April 16

Ratsoma appointed head of regional BRICS bank

Monale Ratsoma, deputy director general of Treasury’s economic policy department, will lead the regional arm of the bank.

CPIX figures ‘seal the case for rate hike’

South Africa’s targeted CPIX (consumer inflation less mortgage costs) rate quickened unexpectedly to a near five-and-a-half year high of 10,4% year-on-year in April from 10,1% in…

GDP slows due to contraction in mining

South Africa’s economic growth rate slowed to 2,1% in the first quarter of 2008 on a seasonally adjusted and annualised basis, official data showed on Tuesday, citing a sharp…

SA’s January PPI due on March 6 after delays

South Africa’s January producer price index (PPI) data will be released at 11.30am on Thursday March 6, Statistics South Africa said on Monday. The data, which will include…

September retail sales growth slows to 2%

South Africa’s retail sales growth slowed to 2% year-on-year in September at constant prices, data showed, but analysts said this was likely not enough to hold off another…

‘Strong borrowing still going on in the economy’

Growth in demand for credit from South Africa’s private sector slowed in September, but remained above forecasts, keeping up pressure for higher interest rates. Credit growth…

SA August net reserves increase to $27,449bn

South Africa’s net gold and foreign exchange reserves increased slightly to ,449-billion in August, data showed on Friday, as the softer rand currency slowed the pace of reserves…