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Tag Archives: Nhlanhla Nene

Nene asked to resign

Nhlanhla Nene

Business Day on Monday reported that Nene had asked Ramaphosa to relieve him of his duties following public pressure over his testimony last week. A senior government official told News24 the reports were true and that the conversation took place telephonically, but refused to divulge any further information and instead …

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#FeesMustFall calls for protest at Parliament

The #FeesMustFall movement issued a call in the early hours of Wednesday for protest action at Parliament where Finance Minister Pravin Gordhan was set to table the Medium-Term Budget Policy Statement (MTBPS). “We call upon all citizens of this country to descend to parliament and other strategic institutions on 26 …

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Motlanthe challenges Zuma to explain Nene Firing

jacob zuma

Cape Town – President Jacob Zuma’s government should explain the rationale for firing Nhlanhla Nene as finance minister, according to former SA president Kgalema Motlanthe. “All of this has happened so quickly, it leaves you completely stunned as to what to make of it,” Motlanthe told Al Jazeera’s Azad Essa …

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Opposition blames bank downgrade on Zuma

jacob zuma

The downgrade of the Standard Bank, FNB, ABSA and Nedbank comes at the back of the fall of the rand. (SABC) Opposition party leaders have come forth strongly, blaming President Jacob Zuma’s sacking of Nhlanhla Nene as the source of Fitch’s decision to downgrade South Africa’s four major banks. The …

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