'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 THE NEWSROOM
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
UK issues terror warning against SA after Brit couple abducted in KZN

UK issues terror warning against SA after Brit couple abducted in KZN

The British gov issued a travel advisory‚ warning of possible attacks when traveling to SA, after a UK couple was kidnapped.

Their way or the highway? 7 annoying habits many drivers are guilty of

Their way or the highway? 7 annoying habits many drivers are guilty of

Passengers often endure all sorts of irritations from drivers. Callers share their biggest gripes about folks behind the wheel.

[LISTEN] Gigaba deliberately misled the public - Zwelinzima Vavi

[LISTEN] Gigaba deliberately misled the public - Zwelinzima Vavi

Trade unions react to Malusi Gigaba's announcement of a one percentage point VAT increase for #Budget2018

Saps: Attackers spared 5 female cops in Ngcobo police shooting

Saps: Attackers spared 5 female cops in Ngcobo police shooting

E Cape Saps says they are investigating the murder of five police officers and one retired soldier at Ngcobo Police Station.

Missing Cape Town couple's vehicle found north of Durban

Missing Cape Town couple's vehicle found north of Durban

Hawks spokesperson says the couple has not yet been located and their names will not be released as yet.

How to make your first million

How to make your first million

Warren Ingram discusses his new book in which he shares practical ways for ordinary people to achieve financial freedom.