When Zuma delivered the news… he said that it was a decision by the ANC top-6… Were they actually part of this decision? The decision to fire Nene cost the country’s economy. At the time the blame was put on Jacob Zuma… This notion that the ANC is not on trial… they are definitely on trial.— Mahlatse Mahlase, EWN Editor-In-Chief
Finance Minister Nhlanhla Nene on Wednesday testified at the state capture commission that he did not use his position as Chairperson of the Public Investment Corporation (PIC) to improperly benefit his family.
On Tuesday, the EFF claimed, without providing evidence, that Nene worked closely with the Gupta family and did so to benefit his son.
The party also suggested that Nene’s wife received foreign funds in her account.
I deny that I have ever acted inappropriately regarding any investments made to the PIC. I reject with contempt the allegations that my wife received foreign funds in any account belonging to her.— Nhlanhla Nene, Finance Minister
Nene noted the bizarre timing of the EFF’s allegations.
I find these allegations interesting and strange; just before my appearance, they begin to surface.— Nhlanhla Nene, Finance Minister
Listen to the interview in the audio below (and/or scroll down for more quotes from it).
He thought it was OK to go to their family home… He previously said he met them at public gatherings…— Mahlatse Mahlase, EWN Editor-In-Chief
We did know this…. It’s when you hear it under oath… twice Nene said he refused to sign [the nuclear deal]… He said… that Cabinet actually had approved the nuclear deal… why did nobody else ask these questions?— Mahlatse Mahlase, EWN Editor-In-Chief
Enjoy The Money Show, but miss it sometimes?
Get the best bits emailed to you daily, right after it ends:
Recommendedby NEWSROOM AI
Johan Booysen reveals dodgy dealings between businessman Tosh Mpende and the Saps.
eNCA reporter Erin Bates says McBride told the commission how law enforcement agencies resisted transparency.
AmaBhungane Centre for Investigative Journalism's Sam Sole unpacks his article on the fallout between Cele and McBride.
Zondo commission investigator Patrick Mlambo testifies about his visits to Gwede Mantashe and Dudu Myeni's houses.
Associate editor at Tiso Blackstar, Ranjeni Munusamy unpacks Mcebisi Jonas's cross-examination at the Zondo Commission.
ENCA reporter Erin Bates weighs in on Nhlanhla Nene's testimony at the Zondo Commission of Inquiry into State Capture.
Should you keep them "forever"? Tax expert Chris Sloane on the requirement to keep tax records available for inspection by Sars.
The workers in the Gulf of Thailand spotted the exhausted dog clinging to the pipes of the rig and managed to pull her to safety.
British singer, Sam Smith's fans in Cape Town where left disappointed after his concert was cut short due to voice strain.
Mayco member for corporate services Sharon Cottle explains the Traffic Fines Roadshow at the Cape Town Civic Centre this week.
MultiChoice will increase the prices of certain DStv packages from 1 April.