The ANC comments on Nhlanhla Nene's new job

The African National Congress's Economic Transformation Committee says the former Finance Minister's skills will be missed, but they can still invite him to participate in the policy debate.

Former Finance Minister, Nhlanhla Nene, has been appointed as a non-executive director at investment management firm Allan Gray.

Nene was fired from his position as finance minister in December and was replaced by Des Van Rooyen, until Pravin Gordhan was re-appointed to the post.

Xolani Gwala finds out from Enoch Godongwana, ANC's head of the economics transformation committee, if the committee is not concerned about losing Nene's skills to the private sector.

If you know in some of those countries which are called developmental countries, there is what is called a movement between the private sector and public sector; the sharing of skills, that in itself is not a major problem, it becomes a problem when you're constrained as a public sector, in terms of the availability of skills.

Enoch Godongwana, ANC's head of economics transformation committee

That matter is the matter which was discussed by senior officials of the ANC. It was not part of out committee.

Enoch Godongwana, ANC's head of economics transformation committee

From the policy perspective, we are not going to miss Mr Nene because we can invite him anytime to participate in the policy debate.

Enoch Godongwana, ANC's head of economics transformation committee

Listen to the conversation below...

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