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Tito Mboweni
Tito Titus Mboweni (born 16 March 1959) is a South African politician who served as Minister of Finance of South Africa in the government of President Cyril Ramaphosa from 2018 to 2021. Mboweni was the eighth Governor of the South African Reserve Bank and the first Black South African to hold the post. He was sworn in as Minister of Finance on 9 October 2018, following Nhlanhla Nene's resignation. Mboweni is a founding member of Mboweni Brothers Investment Holdings and a former international advisor of Goldman Sachs International. He has been appointed as a non executive Director for South Africa at the New Development Bank (BRICS Development Bank). Early life and career The youngest of three children, Tito Mboweni was born on 16 March 1959. He grew up in Tzaneen in the Limpopo Province. He attended the University of the North between 1979 and 1980, where he registered for a Bachelor of Commerce degree. He did not complete his studies there and left South Africa to go into exil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minister Of Finance (South Africa)
The Minister of Finance is a minister (government), minister in the Cabinet of South Africa who is the political head of the National Treasury (South Africa), National Treasury. The Minister of Finance is responsible for the financial management of government affairs, drawing up the budget, and developing economic policy (in cooperation with the Minister of Economic Development (South Africa), Minister of Economic Development and the Minister of Trade and Industry (South Africa), Minister of Trade and Industry). The Minister of Finance is also responsible for the South African Revenue Service. List, 1910-present References External linksOfficial website {{SACabinet Government ministers of South Africa, Finance Finance ministers of South Africa, * Lists of political office-holders in South Africa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austerity
Austerity is a set of political-economic policies that aim to reduce government budget deficits through spending cuts, tax increases, or a combination of both. There are three primary types of austerity measures: higher taxes to fund spending, raising taxes while cutting spending, and lower taxes and lower government spending. Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures. Proponents of these measures state that this reduces the amount of borrowing required and may also demonstrate a government's fiscal discipline to creditors and credit rating agencies and make borrowing easier and cheaper as a result. In most macroeconomic models, austerity policies which reduce government spending lead to increased unemployment in the short term. These reductions in employment usually occur di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AngloGold Ashanti
AngloGold Ashanti Limited is a global gold mining company. It was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. It is now a global gold producer with 21 operations on four continents. The company is listed on the New York, Johannesburg, Accra, London and Australian stock exchanges, as well as the Paris and Brussels bourses. In 2008, AngloGold produced 4.98 million ounces of gold from its operations, estimated to be seven percent of the global production. In 2009, the company's gold output dropped to 4.6 million ounces. As of the third quarter of 2014, Anglogold was the world's third-largest producer of gold, behind Barrick Gold and Newmont Mining. The company is claimed to be the 'most sophisticated and technologically advanced' mining operations with strict adherence to safety regulations. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mail & Guardian
The ''Mail & Guardian'' is a South African weekly newspaper and website, published by M&G Media in Johannesburg, South Africa. It focuses on political analysis, investigative reporting, Southern African news, local arts, music and popular culture. It is considered a newspaper of record for South Africa. History The publication began as the ''Weekly Mail'', an alternative newspaper by a group of journalists in 1985 after the closure of two leading liberal newspapers, ''The Rand Daily Mail'' and ''Sunday Express''. ''Weekly Mail'' was one of the first newspapers to use Apple Mac desktop publishing. The ''Weekly Mail'' criticised the government and its apartheid policies, which led to the banning of the paper in 1988 by then State President P. W. Botha. The paper was renamed the ''Weekly Mail & Guardian'' from 30 July 1993. The London-based Guardian Media Group (GMG), the publisher of ''The Guardian'', became the majority shareholder of the print edition in 1995, and the name was ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sub-Saharan Africa
Sub-Saharan Africa is, geographically, the area and regions of the continent of Africa that lies south of the Sahara. These include West Africa, East Africa, Central Africa, and Southern Africa. Geopolitically, in addition to the List of sovereign states and dependent territories in Africa, African countries and territories that are situated fully in that specified region, the term may also include polities that only have part of their territory located in that region, per the definition of the United Nations (UN). This is considered a non-standardized geographical region with the number of countries included varying from 46 to 48 depending on the organization describing the region (e.g. UN, WHO, World Bank, etc.). The Regions of the African Union, African Union uses a different regional breakdown, recognizing all 55 member states on the continent - grouping them into 5 distinct and standard regions. The term serves as a grouping counterpart to North Africa, which is instead ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Stellenbosch
Stellenbosch University ( af, Universiteit Stellenbosch) is a public research university situated in Stellenbosch, a town in the Western Cape province of South Africa. Stellenbosch is the oldest university in South Africa and the oldest extant university in Sub-Saharan Africa, together with the University of Cape Town - which received full university status on the same day in 1918. Stellenbosch University (abbreviated as SU) designed and manufactured Africa's first microsatellite, SUNSAT, launched in 1999. Stellenbosch University was the first African university to sign the Berlin Declaration on Open Access to Knowledge in the Sciences and Humanities. The students of Stellenbosch University are nicknamed "Maties". The term probably arises from the Afrikaans word "tamatie" (meaning tomato, and referring to the maroon sports uniforms and blazer colour). An alternative theory is that the term comes from the Afrikaans colloquialism ''maat'' (meaning "buddy" or "mate"), originally u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of The North-West
af , Noordwes-Universiteit , image = https://www.nwu.ac.za/sites/www.nwu.ac.za/files/NWU-Logo-SW.png , motto = ''Dit Begin Alles Hier (Afrikaans)'' ''Gotlhe Go Simolola Fano (Setswana)'' , mottoeng = ''It All Starts Here'' , established = 2004(''By merger of existing institutions'') , type = Public university , chancellor = Dr Anna Mokgokong , vice_chancellor = Dr Bismark Tyobeka , students = 53,997 , undergrad = 46,806 , postgrad = 7,191 , affiliations = AAU ACU HESA , former_names = Potchefstroom University for Christian Higher EducationPotchefstroom University University of Bophuthatswana , city = PotchefstroomMahikengVanderbijlpark , country = South Africa , nickname = NWU , colours = Purple, Turquoise and Grey , ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of South Africa
The University of South Africa (UNISA), known colloquially as Unisa, is the largest university system in South Africa by enrollment. It attracts a third of all higher education students in South Africa. Through various colleges and affiliates, UNISA has over 400,000 students, including international students from 130 countries worldwide, making it one of the world's mega universities and the only such university in Africa. As a comprehensive university, Unisa offers both vocational and academic programmes, many of which have received international accreditation, as well as an extensive geographical footprint, giving their students recognition and employability in many countries the world over. The university lists many notable South Africans among its alumni, including two Nobel prize winners: Nelson Mandela, the first democratically elected president of South Africa and Archbishop Desmond Tutu. Founded in 1873 as the University of the Cape of Good Hope, the University of Sout ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Economic Forum
The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, which is mostly funded by its 1,000 member companies – typically global enterprises with more than five billion US dollars in turnover – as well as public subsidies, views its own mission as "improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional, and industry agendas". The WEF is mostly known for its annual meeting at the end of January in Davos, a mountain resort in the eastern Alps region of Switzerland. The meeting brings together some 3,000 paying members and selected participants – among whom are investors, business leaders, political leaders, economists, celebrities and journalists – for up to five days to discuss global issues across 500 sessions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South African President
The president of South Africa is the head of state and head of government of the Republic of South Africa. The president heads the executive branch of the Government of South Africa and is the commander-in-chief of the South African National Defence Force. Between 1961 and 1994, the office of head of state was the state presidency. The president is elected by the National Assembly, the lower house of Parliament, and is usually the leader of the largest party, which has been the African National Congress since the first multiracial election was held on 27 April 1994. The Constitution limits the president's time in office to two five-year terms. The first president to be elected under the new constitution was Nelson Mandela. The incumbent is Cyril Ramaphosa, who was elected by the National Assembly on 15 February 2018 following the resignation of Jacob Zuma. Under the interim constitution (valid from 1994–96), there was a Government of National Unity, in which a member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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