Vernon Wessels

Creator

Vernon Wessels

With more than 20 years navigating global markets and billion-dollar bond deals, Vernon is a financial journalism heavyweight. As Bloomberg’s ex-South African bureau chief, he spearheaded African market coverage and mentored the next generation of finance trailblazers.

 Alison Collier .

The business of building businesses: how Alison Collier scales SA startups

Endeavor SA’s Alison Collier helps grow entrepreneurs

Fikile Mbalula.

The court saved the ANC. Polls show it is still doomed

ANC wins in court, but polls point to heavy losses

Jolly Mokorosi.

Jolly Mokorosi on prescribed assets and profit

Changing lives can drive good returns, says fund chair

Fuel relief, more money for GBV and other budget highlights

A small reprieve in fuel prices will last until January

Enoch Godongwana.

In Treasury’s words: Why South Africa’s reforms can’t stall

Godongwana says SA could top 3% growth if reform holds

South Africa’s expensive wait for a new White House

There’s a price on waiting for the post-Trump era

MTN’s Iran baggage comes at a discount

Major US lawsuits cheapen MTN's share price

Behind the inflation debate: What the analysts say

A sharp drop in July inflation has led economists to rethink interest rate projections

The airport that caused all the fuss

Lanseria airport is at the centre of a PIC row involving millions of rands, a suspended CEO, the board being replaced and high-level political clashes

South Africa has lost roughly half its manufacturing base since democracy, yet it still talks about factories as the only way to grow.

Factory nostalgia is a wasted dream amid stark economic reality

Manufacturing has halved as a share of South Africa’s GDP since democracy. Is industrial policy fighting yesterday’s battle?

PIC Patrick Dlamini. Public Investment Corporation; Currency

Dlamini can go back to work, as judge flays PIC’s ex-board

The high court has ruled Patrick Dlamini’s suspension unlawful, clearing the way for his return as PIC CEO after weeks of political turmoil

Seiso Mohai. ChatGPT; Supplied; Currency

New PIC chair under scrutiny over wife’s R18m housing deal

New PIC chair Seiso Mohai faces DA questions over his wife’s firm and its Free State government payments under Ace Magashule

Patrick Dlamini. PIC. Lanseria. Supplied/Public Investment Corporation; lanseria.co.za; Rawpixel; FM

The new PIC board: another ANC chair

Seiso Mohai is named PIC chair after a political fallout unseated the previous board, reviving pressure to depoliticise its leadership

PIC imploding. Rawpixel/Currency

Dlamini hits out at ‘bad faith’ PIC whistleblowers

As the PIC grapples with a governance vacuum, the CEO says his suspension was based on anonymous speculation, not evidence

PIC public investment corporation. ChatGPT Currency

High drama as suspended PIC boss goes to court

Patrick Dlamini goes to court over his suspension as the PIC board collapses, deepening the governance crisis at the asset manager

David Masondo(Gallo Images/Brenton Geach), Enoch Godongwana (Ashraf Hendricks/GroundUp), Rawpixel/Currency

PIC crisis deepens as four more directors quit

Four more PIC directors are said to have quit after Godongwana threatened to dissolve the board, deepening the crisis at Africa’s largest asset manager

South African President Cyril Ramaphosa address the media with EU leaders in Johannesburg, South Africa, Thursday, Nov. 20, 2025. (AP Photo/Themba Hadebe)

How Ramaphosa lost business

Business leaders tell Currency their faith in Ramaphosa has run out – and why the GNU, not the president, anchors confidence

David Masondo(Gallo Images/Brenton Geach), Enoch Godongwana (Ashraf Hendricks/GroundUp), Rawpixel/Currency

Inside the PIC’s meltdown

PIC CEO Patrick Dlamini’s suspension has reignited questions over governance, politics and accountability at the R3.6-trillion asset manager

Treasury withholds money from municipalities. Rawpixel/Currency

Treasury draws a line on failing municipalities

Treasury freezes July funding to 69 municipalities, including Joburg, in its toughest push yet for fiscal discipline

oil see-saw. Rawpixel/Currency

Dizzying reversal in oil prices has rates in and out of play

Lower oil prices have eased inflation risks and boosted bonds, but uncertainty over expectations and US rates keeps a July hike in play