Saki Macozoma (Business Leadership SA) explains his open letter to Jacob Zuma

The President should take leadership in this matter...

Saki Macozoma, Business Leadership South Africa

Our country stands, once more, at the edge of the abyss... We can’t be playing games with this portfolio!

Saki Macozoma, Business Leadership South Africa

Business Leadership South Africa President Saki Macozoma has written an open letter to President Jacob Zuma.

In the letter Maconzoma says that South Africa has made progress over the last 18 months to stave off a ratings downgrade to junk status.

He warns that all that work stands to be undermined if the spat between the Hawks and the Finance Minister continues.

He says the president needs to do something urgently.

Business Leadership South Africa says the Hawks’ investigation of Gordhan lacks legitimacy or credibility. If there is to be an investigation into the issue, it says, it should be conducted by a credible institution such as the Public Protector.

Click here for the entire open letter.

The Money Show’s Bruce Whitfield interviewed Macozoma, who discussed his open letter and the issues it addresses.

Listen to the interview below.

Watch Pravin Gordhan confirm that he will not present himself to the Hawks:

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.

Read More
How to create more time (and how to spend it wisely)

How to create more time (and how to spend it wisely)

Make no mistake; strategizing to grow your business takes time. Yet, few business owners seem to have enough of it.

Some investments are more attractive after Budget 2017 (some not so much)

Some investments are more attractive after Budget 2017 (some not so much)

Personal Financial Advisor Warren Ingram gives advice on where to put your money; considering changes brought by Budget 2017.

Cricket SA guns for international superstars to play in new #T20 Global League

Cricket SA guns for international superstars to play in new #T20 Global League

Best. News. EVER! South Africa is getting its own global T20 league. Bruce Whitfield interviews Cricket SA CEO Haroon Lorgat.

Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Meet Zibusiso Mkhwanazi; CEO of “Digital at the core marketing agency” AVATAR

Mkhwanazi – son of an entrepreneur – founded a web design firm (Csonke.com) with R2000 when he was 17 and still in school.

5 ways Pravin Gordhan stepped up to save us from a downgrade

5 ways Pravin Gordhan stepped up to save us from a downgrade

The Money Show’s Bruce Whitfield interviews Citadel Chief Strategist Dr Adrian Saville.

‘HANDS OFF PRAVIN!’ – SA Inc.

‘HANDS OFF PRAVIN!’ – SA Inc.

Bruce Whitfield interviews business leaders for their response to the Hawks summons to Finance Minister Pravin Gordhan.

Popular articles
Letters show Moyane refuses to account to Gordhan, turns to Zuma to intervene

Letters show Moyane refuses to account to Gordhan, turns to Zuma to intervene

M&G reports that Sars Commissioner Tom Moyane declared an intergovernmental dispute against Finance Minister Pravin Gordhan.

Some investments are more attractive after Budget 2017 (some not so much)

Some investments are more attractive after Budget 2017 (some not so much)

Personal Financial Advisor Warren Ingram gives advice on where to put your money; considering changes brought by Budget 2017.

Criminal charges laid against culprit of Stellies rooster assault

Criminal charges laid against culprit of Stellies rooster assault

Police are probing a complaint about a man who tossed a rooster around and forced it to smoke a cigarette at a Stellenbosch party.

Budget 2017 and tax: The good (there is some), the bad and the ugly

Budget 2017 and tax: The good (there is some), the bad and the ugly

The Money Show’s Bruce Whitfield interviews TaxTim cofounder Marc Sevitz.

Cape Town has the worst traffic and Joburg pips it to the post

Cape Town has the worst traffic and Joburg pips it to the post

TomTom Traffic Index 2017 findings have revealed that Cape Town is South Africa’s most congested city when it comes to traffic.