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So, the President, Jacob Zuma, fired the finance minister, Pravin Gordhan, last night (after recalling him on Wednesday from an international roadtrip intended to encourage investor confidence) and has replaced him with the former Minister of Home Affairs, Malusi Gigaba.
Gigaba's only qualification for the job is his loyalty to the eminently corrupt president.
This is nothing more than a manoeuvre intended to give the president complete control over, and access to the treasury.
Considering that Zuma is in the pocket of the Gupta business/crime family, this could also be seen as the final chapter in a story of state capture.
For all those who predicted SA ending up like Zimbabwe, this could be the first real step in making you look like Nostradamuses.
This is also likely to be a wet dream come true if you like to debate against leftists.
http://www.news24.com/SouthAfrica/News/breaking-gordhan-motsoaledi-among-the-axed-20170331
http://www.news24.com/SouthAfrica/N...acking-as-parties-react-to-reshuffle-20170331
http://www.news24.com/SouthAfrica/News/zumas-night-of-the-long-knives-20170331
So... I might be looking for a place to stay soon, any right-wingers want to take in an African refugee? That'll stun the liberals into silence
Gigaba's only qualification for the job is his loyalty to the eminently corrupt president.
This is nothing more than a manoeuvre intended to give the president complete control over, and access to the treasury.
Considering that Zuma is in the pocket of the Gupta business/crime family, this could also be seen as the final chapter in a story of state capture.
For all those who predicted SA ending up like Zimbabwe, this could be the first real step in making you look like Nostradamuses.
This is also likely to be a wet dream come true if you like to debate against leftists.
http://www.news24.com/SouthAfrica/News/breaking-gordhan-motsoaledi-among-the-axed-20170331
http://www.news24.com/SouthAfrica/N...acking-as-parties-react-to-reshuffle-20170331
Newly appointed Finance Minister Malusi Gigaba will have the tough task of reassuring credit rating agencies, which will be very unnerved by Zuma’s axing of Gordhan and Jonas.
This was the reaction from political analyst Daniel Silke after Zuma made some far-reaching changes to his Cabinet late on Thursday night.
Gigaba, former home affairs minister who previously had a stint as public enterprises minister, will now take charge of National Treasury – something Silke says will probably open the door for the Guptas to have their application for a banking licence approved, and see their desire to purchase the Habib Bank realised.
http://www.news24.com/SouthAfrica/News/zumas-night-of-the-long-knives-20170331
Zuma axed Gordhan and Jonas, despite opposition from his party and alliance partners Cosatu and the SACP.
This week Zuma recalled Gordhan from an investor roadshow in London, stoking speculation that he was planning to recall the finance minister.
Gordhan has been a vocal opponent of Zuma’s family friends, the Guptas, and was embroiled in three ongoing court cases with the family's companies.
So... I might be looking for a place to stay soon, any right-wingers want to take in an African refugee? That'll stun the liberals into silence