5 reasons why you should care about the NPA’s charges against Pravin Gordhan

The Money Show’s Bruce Whitfield interviewed Financial Mail Deputy Editor Sikonathi Mantshantsha.

Mantshantsha gave the following five reasons why you should care about the NPA’s charges against Finance Minister Pravin Gordhan:

  • Is there any criminality in the first place? Is this an HR matter, or a criminal matter?

  • Jacob Zuma is facing 783 charges of REAL corruption. Guess who is asking the courts to not force them to prosecute?

  • A credit downgrade will cost you and me really big: interest rate hikes, higher fuel prices….the rand exchange rate is not just important for the markets!

  • Nuclear: The Arms Deal will look like a picnic. Pravin Gordhan is being moved to make way for the nuclear infrastructure. You and I will pay through the roof for electricity and everything else.

  • Economic growth: Jabu Mabuza sounded like he's lost a close relative yesterday. Did he (and all the other businessmen that have been trying to stave off a downgrade) waste his time?

Listen to the audio below for more detail.

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Article brought to us by Old Mutual.

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