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Zuma responsible for turmoil, recklessness and irrationality - BLSA

5 April 2017 8:07 AM

Reports have emerged that National Treasury director general Lungisa Fuzile has asked to leave his post at the end of this month.

Business Leadership South Africa (BLSA) deputy chairperson, Bonang Mohale, says President Jacob Zuma sabotaged economic growth and radical economic transformation by axing Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas.

We have our President to thank for all this turmoil, irrationality and absolute recklessness where you almost can call it radical economic transformation sabotage.

Bonang Mohale, BLSA deputy chairman

All 17 countries that were downgraded below junk status have all gone into recession.

Bonang Mohale, BLSA deputy chairman

Which country willingly get itself into recession at the time that we need to be growing so we can talk about redistribution of wealth, not redistribution of poverty.

Bonang Mohale, BLSA deputy chairman

According to reports, National Treasury deputy general, Lungisa Fuzile, has asked to leave his post at the end of this month. Fuzile has worked for Treasury for 20 years.

Listen to Bonang Mohale detail how SA is willingly going into a recession...


This article first appeared on 702 : Zuma responsible for turmoil, recklessness and irrationality - BLSA


5 April 2017 8:07 AM