finance minister

Cosatu, SACP satisfied with Zuma’s actions

The African National Congress and its alliance partners Cosatu and the SACP were satisfied with President Jacob Zuma’s reasoning for his actions over the past week, Cosatu President Sdumo Dlamini said on Tuesday. Zuma had held a meeting with the Congress of SA Trade Unions and the SA Communist Party[…]

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SA faces long-term effects after failed reshuffle

President Jacob Zuma’s unexpected and untimely reshuffle in the Finance Ministry has cost the country as much as free tertiary education could have cost, according to financial analyst, Dr Co-Pierre Georg. Zuma took the nation by surprise on Wednesday evening when he announced the removal of finance minister, Nhlanhla Nene,[…]

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Zuma must go, he’s a disgrace

The flip-flopping of finance ministers is a sign that President Jacob Zuma has lost it completely, economist Dawie Roodt told Fin24 on Sunday. “This is a mess-up of epic proportions. It is like we’re living in Alice in Wonderland.” The Presidency announced on Sunday night that Pravin Gordhan, until Sunday[…]

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Gordhan move will raise questions: Fakir

The decision to replace David van Rooyen only four days after being appointed minister of finance will raise a lot of questions, analyst Ebrahim Fakir said on Sunday night. He was reacting to the news late on Sunday that former Finance Minister Pravin Gordhan has been recalled to his old[…]

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Pravin Gordhan re-appointed minister of finance

Pravin Gordhan has been appointed as the minister of finance, replacing David van Rooyen who was put in the seat four days ago. The Presidency issued a statement on Sunday confirming the appointment. “I have received many representations to reconsider my decision. As a democratic government, we emphasise the importance of[…]

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Analysts take Zuma to task

Following the surprise axing of Nhlanhla Nene as finance minister on Wednesday, there has been a large outcry from the public, media and analysts, who believed President Jacob Zuma’s decision could push the country into economic “junk” status. During his political career Zuma has faced a litany of accusations and[…]

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