Lindiwe Zulu: Blame business, not Zuma, for the Van Rooyen finmin disaster

Being effective runs a poor second in the Zuma Administration to unquestioning loyalty behind Number One. A fact reflected in Lindiwe Zulu’s contribution here, where she makes the outrageous claim that the business community must carry blame for massive losses inflicted by Zuma’s appointment of his “weekend special” Finance Minister.

Thanks to Gwede, Cyril, top bankers, SA dodged a big bullet last weekend.

The biggest banks know better than to publicly take on South Africa’s ruling African National Congress. So when President Jacob Zuma sent markets plunging by replacing the finance minister with an obscure lawmaker, they rushed to lobby the ANC behind the scenes.