Khulekani Magubane Financial reporter

Khulekani Magubane is a financial reporter for Business Times, covering Parliament and the political economy. He is also an author of several fiction books.

Khulekani Magubane Financial reporter
Third time lucky as committees approve report on budget 3.0

It took three drafts, two tablings, a court challenge and some last-minute bladder pressure. Still, parliament’s standing and select committees on ...

Khulekani Magubane Financial reporter
MPs slog through budget report, come hell or fire alarms

A joint meeting of parliament’s standing committee on finance and select committee on finance sat on Tuesday morning to consider the third iteration ...

Khulekani Magubane Financial reporter
Multimillion-rand paydays for state agency bosses revealed in parliament

Top executives of entities reporting to the finance minister are smiling all the way to the bank, taking home millions in generous remuneration ...

Khulekani Magubane Financial reporter
Kganyago calls for lower inflation target

Reserve Bank governor Lesetja Kganyago has reiterated his view that South Africa needs a lower inflation target, saying that while this might slow ...

Khulekani Magubane Financial reporter
Meat processors warn of supply crisis as Brazil poultry ban hits

The meat processing industry has urged the government to secure an agreement that will restore poultry imports from Brazil and avoid an imminent food ...

Khulekani Magubane Financial reporter
State mulls expropriation of land for transmitting power

Minister of energy and electricity Kgosientsho Ramokgopa has hinted that the government could expropriate land to put up transmission lines as it ...

Khulekani Magubane Financial reporter
SA’s Swazi Tshabalala loses out on AfDB presidency to Mauritanian Sidi Ould Tah

South Africa’s hopeful and the only female candidate for the presidency of the African Development Bank, Swazi Tshabalala, has lost out on the ...

Khulekani Magubane Financial reporter
Reserve Bank announces second repo rate cut of the year, first since January

Reserve Bank governor Lesetja Kganyago announced the second repo rate cut of the year on Thursday afternoon, bringing the repo rate down to 7.25%.

Khulekani Magubane Financial reporter
‘No one is out to get SA’ — Calls for ruthless approach to courting investment

Deputy minister of finance Ashor Sarupen says with global investment flows tightening, South Africa will have to become more uncompromising in its ...

Khulekani Magubane Financial reporter
Call to tweak ban on Brazil poultry to save SA polony

Concern over shortage of key ingredient in processed meat