'We’re going to see a lot of wrong being done in our name as black people'

He’s got to reshuffle… once he’s done that the gates are open for him to put in his cronies under the name of black economic empowerment and dealing decisively with white monopoly capital.

Lumkile Mondi, Wits School of Economics and Business Science

We’re gonna see a lot of wrong being done under our name as black people.

Lumkile Mondi, Wits School of Economics and Business Science

I’m afraid we’re going to have a huge exodus from Treasury; undermining efforts to transform the economy.

Lumkile Mondi, Wits School of Economics and Business Science

President Jacob Zuma says National Treasury is standing in the way of transformation.

Is that statement a precursor to a cabinet reshuffle?

The Money Show’s Bruce Whitfield interviewed Lumkile Mondi, Senior Lecturer at the School of Economics and Business Science of the University of the Witwatersrand.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

There’s a lot of pressure on President Zuma by some black players to oust him [Finance Minister Pravin Gordhan].

Lumkile Mondi, Wits School of Economics and Business Science

Jacob Zuma is likely to go big, because he’s going home.

Lumkile Mondi, Wits School of Economics and Business Science

Treasury has been a star!

Lumkile Mondi, Wits School of Economics and Business Science

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