The Money Show with Bruce Whitfield

Taxpayers take very, very good care of resigning ministers

FILE: Former Minister Bathabile Dlamini. Picture: Supplied.

When you cease to be a minister… Parliament pays you a gratuity worth about a third of your annual salary for five years… It’s a lot of money to say no to…

Carol Paton, journalist - Business Day

A fresh bunch of people of a higher calibre is needed in Parliament.

Carol Paton, journalist - Business Day

Derek Hanekom (ex-Minister of Tourism) on Tuesday became the eighth former minister to resign as a member of Parliament.

The announcement came a few hours after Bathabile Dlamini (ex-Minister of Women in the Presidency) resigned.

Other former ministers who have resigned are Jeff Radebe, Nomaindia Mfeketo, Susan Shabangu, Thokozile Xasa, Dipuo Letsatsi-Duba and Siyabonga Cwele.

All the MPs who are walking away failed to make it onto President Cyril Ramaphosa’s executive.

The Money Show’s Bruce Whitfield interviewed Carol Paton, a journalist at Business Day.

Whitfield asked Paton if the ex-ministers resigned merely to retain larger pensions than they would’ve been entitled to as ordinary MPs.

Paton reckons some of them would be well advised to stay on and earn MPs’ salaries.

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

These people who are quitting now have decided the good times are over for them… take that nice gratuity you would not otherwise get.

Carol Paton, journalist - Business Day

There are so many jobs [for ex-ministers] … Dozens and dozens of opportunities… Somebody like Jeff Radebe is probably going to get a very senior government appointment somewhere… Someone like her [Bathabile Dlamini] … She might get the gratuity, but what is she going to do in the next five years? … I don’t think there are dozens of opportunities for her… She doesn’t seem to have the skills the private sector wants…

Carol Paton, journalist - Business Day

We are expecting big announcements around Eskom…

Carol Paton, journalist - Business Day

The number of people who are firmly opposed to Ramaphosa… is diminishing.

Carol Paton, journalist - Business Day

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This article first appeared on 702 : Taxpayers take very, very good care of resigning ministers


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