Dawie Roodt: Zuma’s a ‘disgrace’. Gordhan a ‘pawn’ if he accepts.
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.
Contributing bloggers to BizNews
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.
For Ishay Govender-Ypma, switching careers has brought new joys, new worlds to explore and new responsibilities as a teller of stories.
South Africa was recently downgraded by Fitch to BBB-, one notch above the dreaded junk. Rosamund Hutt talks all things credit ratings and tells us what they actually mean for a country.
Economic sanity had prevailed in South Africa until Finance Minister Nhlanhla Nene was shown the door, says Lesiba Mothata.