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Economy News South Africa

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    Public enterprises minister to retire after elections

    South Africa's Minister of Public Enterprises, Pravin Gordhan, will retire after this year's general elections on Wednesday, 29 May 2024.
    Source: Minister of Public Enterprises, Pravin Gordhan.
    Source: Minister of Public Enterprises, Pravin Gordhan.

    Gordhan oversees state entities including struggling power utility Eskom and logistics firm Transnet, whose poor performances have dragged down economic growth in Africa's most industrialised economy.

    An anti-apartheid veteran, he has been in politics since the beginning of South Africa's democracy and previously served as finance minister.

    Source: Reuters

    Reuters, the news and media division of Thomson Reuters, is the world's largest multimedia news provider, reaching billions of people worldwide every day.

    Go to: https://www.reuters.com/
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