RW Johnson: Gordhan no Horatius on bridge, SA firmly on path to bankruptcy
RW Johnson says while Pravin Gordhan may be stronger than before in relation to the President, he is considerably weaker in relation to the markets.
Contributing bloggers to BizNews
RW Johnson says while Pravin Gordhan may be stronger than before in relation to the President, he is considerably weaker in relation to the markets.
The big day is almost here for mom-to-be Liani Maré, as she prepares for the long-awaited birth of her twins.
Anant Singh, producer of the Nelson Mandela biopic Long Walk To Freedom, fears South Africa is sliding into a valley of darkness following the past week’s events..
Dawie Roodt questions whether or not Pravin Gordhan should accept the position of Finance Minister, says if he does he’ll just be seen as one of Zuma’s pawns.
The firing of Nhlanhla Nene at the behest of President Jacob Zuma was the type of political decision-making that was set to have consequences, says Daniel Silke.
Sunil Shah wonders at the silence of Corporate South Africa over the Nene firing – with the exception of a man he hired, Coronation’s Chief Investment Officer Karl Leinberger.
Northstar’s CEO Adrian Clayton explains the Jacob Zuma realities in this superb assessment of the market’s reaction to Zuma’s decision to replace Finance Minister Nhlanhla Nene with a maleable backbencher.
Alan Hirsch voices his concerns around new Finance Minister David van Rooyen and says his appointment is a ‘very serious situation’.
Most of South Africa – and the world for that matter – has thus far relied on a short statement from the Presidency to try understand President Jacob Zuma’s ir-rationale for firing respected Finance Minister Nhlanhla Nene.
Allowing financially illiterate President Jacob Zuma to impose his ideas on South Africa’s fiscal policy is akin to handing a practicing alcoholic keys to the booze cabinet.