'We need to make sure we don't destroy what we have,' says Nhlanhla Nene

Former finance minister, Nhlanhla Nene, said he looks forward to his work at Allan Gray and hopes that the private and public sector will build stronger relationships.

Nene, whose axing in December 2015 caused an economic storm, was on Wednesday conferred with an honorary doctorate from Mangosuthu University in Umlazi.

702's Stephen Grootes (standing in for John Robbie) spoke to him regarding his future prospects and SOuth Africa's economy.

Listen to the conversation below:

We want young people who do not only pursue wealth, but who know that wealth comes with hard work and be prepared to serve the nation while putting their skills to good use.

Nhlanhla Nene, former finance minister

I look forward to a mutually beneficial relationship that Allan Gray has to offer me and I have to offer Allan Gray with the little experience I have.

Nhlanhla Nene, former finance minister

We need to improve the relationship between the private sector and public sector because at the end of the day, we serve the same South Africa and we bring in different dimensions to the relationship.

Nhlanhla Nene, former finance minister

Nene said he was surprised by the enormous reaction to his removal by President Jacob Zuma from his post. He credited the events which followed to a thriving and 'noisy' democracy.

I thought we'd be able to move on with life as a country and focus on what builds this country, but of course I was overwhelmed by the kind of reaction we got.

Nhlanhla Nene, former finance minister

We are a democracy after all, but as we move on, we need to make sure that we do not destroy what we have and focus on rebuilding our nation.

Nhlanhla Nene, former finance minister

The country is in good hands, we have a very resilient economy, the fundamentals are right, I have no reason to doubt that this storm will be weathered of course.

Nhlanhla Nene, former finance minister
Read More
Parents urged to check tertiary institutions are legit before registering kids

Parents urged to check tertiary institutions are legit before registering kids

The Council on Higher Education says parents need to be wary of the increasing number of fly-by-night tertiary institutions.

New app to detect hearing loss

New app to detect hearing loss

University of Pretoria has developed a new app which uses a smartphone to detect hearing loss.

UK prison officers manage to quell mass inmate riots

UK prison officers manage to quell mass inmate riots

Britain recorded the worst prison riots in 26 years after 600 inmates at a prison in Birmingham embarked on a 12-hour riot.

What we can expect from SABC after inquiry consolidates

What we can expect from SABC after inquiry consolidates

SABC's leadership and parliament has come under fire since the inquiry into the board's fitness to hold office.

Gauteng tops drunk driving offences since start of the festive season

Gauteng tops drunk driving offences since start of the festive season

Traffic authorities have arrested more than 3 000 people for various traffic offences, with drunk driving as the leading offence.

2016 news wrap: A look back at the stories that grabbed SA's attention

2016 news wrap: A look back at the stories that grabbed SA's attention

Barry Bateman spoke to Stephen Grootes to unpack the meaning behind the stories that dominated the headlines in 2016.

Popular articles
Naked Scientist explains why mosquitoes 'discriminate' who they bite

Naked Scientist explains why mosquitoes 'discriminate' who they bite

Dr Chris Smith explains why some people are more desirable than others to mosquitoes.

Absa may have to pay R2.25 billion for unlawful apartheid era bank bailout

Absa may have to pay R2.25 billion for unlawful apartheid era bank bailout

M&G's Pauli Van Wyk speaks about Public Protector's preliminary report implicating Absa, Reserve Bank, Treasury and Presidency.

Arresting 106 dodgy licensing officials just the beginning - Mashaba

Arresting 106 dodgy licensing officials just the beginning - Mashaba

Over 100 corrupt Joburg licensing officials will be arrested, explains Herman Mashaba who says it's just the tip of the iceberg.

Social grant beneficiaries to automatically qualify for NFSAS funding

Social grant beneficiaries to automatically qualify for NFSAS funding

Social Development announced that 80% of social grant beneficiaries who wrote matric exams obtained a diploma or bachelor pass.

House prices slump in some parts of the country

House prices slump in some parts of the country

Property economist at FNB, John Loos, says the drop in house prices is due to slow pace in economic growth.

Vaal Dam levels increase by 5.2%

Vaal Dam levels increase by 5.2%

Department of Water and Sanitation says recent rains have increased the Vaal Dam levels but more is still needed.

Dlamini-Zuma part of ANC's lacklustre old furniture -  political analyst

Dlamini-Zuma part of ANC's lacklustre old furniture - political analyst

Political analyst Prince Mashele says Nkosazana Dlamini-Zuma doesn't qualify for presidency and has nothing to offer to citizens.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Singer Patricia Lewis speaks of music career, and being a mother

Singer Patricia Lewis speaks of music career, and being a mother

South Africa's top-selling female recording artist in history, Patricia Lewis, tells Xolani Gwala about what she is up to now.