QuestionsAny deal between Saudi Arabia and South Africa's Paramount could raise questions for Ramaphosa as he struggles to contain former President Jacob Zuma and his allies who still wield political and financial power within the African National Congress...
The deal was blocked by two successive finance ministers Nhlanhla Nene (see Pointers Another one bites the dust) and Pravin Gordhan (AC Vol 56 No 25 Jacob Zuma's costly week & Vol 58 No 8 Zuma's edifice starts to wobble)...
Like so many of South Africa's state-owned enterprises Denel's finances have been hit by mismanagement and corruption most of it linked to ousted President Jacob Zuma's allies the Gupta family (AC Vol 59 No 6 Ramaphosa begins world tour & Vol 59 No 17 Europe discovers Africa again)...