To have a Finance Minister like Nhlanhla Nene, who knows how to say ‘no’, which got him fired in the first place, is quite a relief… he might find himself saying ‘no’ quite a lot in the next few years.— Pippa Green
Around DD Mabuza, you cannot get around the fact that he was elected Deputy President of the ANC in December... you’ve got to respect electoral choices… Ramaphosa didn’t have much of an option… he simply had to do it.— JP Landman
Nhlanhla Nene has returned as Finance Minister, in a move broadly welcomed.
His previous term ended when former President Jacob Zuma unceremoniously sacked him, causing widespread anger and a selloff of South African assets.
At the time Zuma falsely claimed as reason for the sacking Nene’s supposed nomination for a position at the Brics Bank, which never materialised.
Nene was hailed by financial analysts, abroad and at home, as an effective, strong minister who criticised several Government spending initiatives, including plans for nuclear power.
Pravin Gordhan is the newly appointed Public Enterprises Minister, a crucial portfolio considering the dire state of state-owned enterprises and the grave danger they pose to the economy.
The Money Show’s Bruce Whitfield interviewed Pippa Green (Author of "Choice not Fate: The Life and Times of Trevor Manuel”) and JP Landman (Political and Trend Analyst at University of Free State).
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
The three most important ministries for the economy have people back who are not compromised…— Pippa Green
More than anywhere else; at Treasury you need trust and integrity.— Pippa Green
A lot of inequality is driven by the fact that so many people are unemployed.— Pippa Green
As far as Bathabile Dlamini is concerned, it’s one retention I don’t understand…— JP Landman
He had to bring in Nkosazana Dlamini-Zuma … she’s formidable… and she’s from KZN… she can do very well...— JP Landman
The President has to deliver on his promise have having a smaller cabinet and government… We don’t need 35 ministers… He missed an opportunity…— JP Landman
The High Court unanimously found the Minister of Home Affairs [Malusi Gigaba] to be in violation of the Constitution…— JP Landman
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