'Constitution compels authorities to act without prejudice' - Standard Bank CEO

Eighty CEOs of some of South Africa’s largest companies (Naspers, Anglo American, Barclays Africa, Standard Bank, Old Mutual and others) have signed a pledge in support of Finance Minister Pravin Gordhan, and against politically motivated prosecutions.

They now join several ministers, former ministers, struggle stalwarts and Deputy President Cyril Ramaphosa in publically rallying behind Gordhan.

The Money Show’s Bruce Whitfield interviewed Standard Bank CEO Sim Tshabalala.

Listen to Tshabalala explain his position in the audio below (and/or scroll down for quotes from it).

The legal grounds don’t make sense.

Sim Tshabalala

A huge amount of wealth was wiped off…

Sim Tshabalala

The Constitution compels authorities to act without fear, favour or prejudice.

Sim Tshabalala

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.


This article first appeared on 702 : 'Constitution compels authorities to act without prejudice' - Standard Bank CEO


Recommended

by NEWSROOM AI
Read More
SA business not backing down on its support for Gordhan

SA business not backing down on its support for Gordhan

MD of Goldman Sachs says the signing of the pledge shows unity and sends a strong message in support of economic institutions.

SA business throws their weight behind Pravin Gordhan

SA business throws their weight behind Pravin Gordhan

Bonang Mohale says South Africa needs to work hard to avoid a down grade and shouldn't be dealing with non factual fraud charges.

'Forces of evil in this country are pushing us to junk status' - Lumkile Mondi

'Forces of evil in this country are pushing us to junk status' - Lumkile Mondi

The Money Show's Bruce Whitfield interviews Lumkile Mondi, Senior Lecturer at the Wits School of Economics and Business Science.

If the finance minister goes it could wreck your investments

If the finance minister goes it could wreck your investments

The Money Show’s Bruce Whitfield interviews Personal Finance Consultant Samke (Sam) Ngwenya.

‘It’s difficult to imagine they are South Africans!’ - Russell Loubser

‘It’s difficult to imagine they are South Africans!’ - Russell Loubser

The former JSE CEO took out an ad in Business Day with 15 other business leaders to defend Minister Pravin Gordhan.

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

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

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

The likelihood of JZ firing Pravin (and what’ll happen to YOUR money if he does)

The likelihood of JZ firing Pravin (and what’ll happen to YOUR money if he does)

Within minutes the rand plunged by 3%. R50 billion got wiped off the JSE’s banking index. Will he? And what'll happen if he does?

Popular articles
Research probes citizens views on Cape water crisis

Research probes citizens views on Cape water crisis

The Global Water Leaders Group will present preliminary results of a study evaluating Cape Town's water crisis.

Canada has legalised marijuana, could South Africa follow suit?

Canada has legalised marijuana, could South Africa follow suit?

Independent Journalist Kevin Bloom says its part of a global movement towards the recognition of the plant's properties.

SIU report: Corrupt and fraudulent dealings worth R1.2 billion in Gauteng health

SIU report: Corrupt and fraudulent dealings worth R1.2 billion in Gauteng health

The report reveals that former Gauteng Health MEC Brian Hlongwa and 11 others are involved in the irregular expenditure.

Cape dam levels on the rise, but not all clear yet

Cape dam levels on the rise, but not all clear yet

This week, the overall dam levels are at 40.9% of total storage capacity and there was an increase of 8.8 percentage points.

What was Mabuza's business with Putin? Sikonathi Mantshantsha asks

What was Mabuza's business with Putin? Sikonathi Mantshantsha asks

Sikonathi Mantshantsha echoes Parliament's sentiments in wanting to know what was discussed during David Mabuza's visit to Russia.

Medical Aid Scheme Amendment Bill to boot out medical aid co-payments

Medical Aid Scheme Amendment Bill to boot out medical aid co-payments

Acting Chief Executive and Registrar for medical schemes, Dr Sipho Kabane, explains what the Amendment Bill entails.

First-ever CT shooter gets probation thanks to ShotSpotter gunfire tech

First-ever CT shooter gets probation thanks to ShotSpotter gunfire tech

The City of Cape Town welcomes the first-ever ShotSpotter-linked conviction and sentence, handed down this month.

Damning audio of Tom Moyane instructing Sars official to fake illness emerges

Damning audio of Tom Moyane instructing Sars official to fake illness emerges

The instruction from Moyane to the official was to allegedly avoid speaking to KPMG investigators during 'rogue unit' inquiry.

Woman exposed for calling fellow aircraft passengers the K-word

Woman exposed for calling fellow aircraft passengers the K-word

Reverend Solomuzi Mabuza says he is considering laying charges against the woman for calling him a ka***r.

Celebrity chef Siba Mtongana gets vulnerable, opens up about money

Celebrity chef Siba Mtongana gets vulnerable, opens up about money

The Money Show’s Bruce Whitfield interviews Mtongana about her attitude to money (hopes and fears, successes and failures, etc.).