The Zuma today is not as strong as the one who fired Nene - political analyst

Media reports that Zuma has claimed National Treasury is frustrating the economic transformation agenda should be treated with caution, says political analyst Nic Borain.

Despite confirming that there is clearly an assault on Pravin Gordhan, Borain cautioned commentators not to fuel the fire.

He cautioned that Zuma's claims about Treasury should not be allowed to become dangerous rumours which can sweep through the markets, with damaging consequences.

Borain summed it up: "It is a fake news scam, but it is still very dangerous as it changes views and influences outcomes... (Brexit, the Trump victory)."

The Zuma today is not as strong as the one who fired Nene.

Nic Borain, political analyst

I think its less likely that Jacob Zuma and his faction would remove Pravin Gordhan than Jacob Zuma was to remove Nene in December 2015 ... He spent 2016 suffering one blow after the other.

Nic Borain, political analyst

Speaking on CapeTalk, Borain confirmed that the assault on Minister Gordhan is linked to ANN7, ANC Youth League, ANC Women's League and other front organisations such as Black First Land First, who are all "speaking from a script", which includes support for Zuma.

He says while he cannot read ZUma's mind, he believes it is unlikely that the President would fire the finance minister and allow the country to go into economic free-fall.

Take a listen to the full discussion:

Read More
British Prime Minister to file formal letter notifying EU of Brexit

British Prime Minister to file formal letter notifying EU of Brexit

Theresa May will file a letter to European Union Council President Donald Tusk that Britain is formally leaving the EU.

Business community concerned about rumours of Gordhan removal

Business community concerned about rumours of Gordhan removal

BLSA's Mark Lamberti says stable finance ministry is applauded by local and international investors and no disruption is needed.

Banks insist Oakbay’s call for Gordhan to intervene in its dispute is unlawful

Banks insist Oakbay’s call for Gordhan to intervene in its dispute is unlawful

The argument was made on day two of Gordhan’s court action against Gupta-owned companies.

State Security Agency appears to have spied on SABC employees illegally

State Security Agency appears to have spied on SABC employees illegally

Designated Judge Yvonne Mokgoro does not recall giving permission to SSA and SABC to tap employees phones.

Gordhan gets standing ovation amid Cabinet reshuffle speculations

Gordhan gets standing ovation amid Cabinet reshuffle speculations

The Cabinet meeting will take place later today after the funeral of struggle veteran Ahmed Kathrada.

[WATCH] Motlanthe ovation as he quotes Kathrada's call for Zuma to step down

[WATCH] Motlanthe ovation as he quotes Kathrada's call for Zuma to step down

As part of his eulogy, former president Kgalema Motlanthe read from a letter Kathrada wrote to President Jacob Zuma last year.

Popular articles
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.

What does funny-man Marc Lottering fear (and love, and hope for…) about money?

What does funny-man Marc Lottering fear (and love, and hope for…) about money?

Every week The Money Show’s Bruce Whitfield interviews a famous person about her or his attitude to money. Enter Marc Lottering…

William Kentridge (world-renowned South African artist) opens up about money

William Kentridge (world-renowned South African artist) opens up about money

Bruce Whitfield interviews one of our most beloved artists of all time about his money hopes, fears, successes, failures, etc.

NSFAS to reopen 2017 applications

NSFAS to reopen 2017 applications

National Student Financial Aid Scheme says it will reopen 2017 loan applications after receiving requests for deadline extension.

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Right now, these are the best shares to buy on the JSE (according to Adviceworx)

Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.

5 advantages of leasing instead of owning a car (lower monthly payments!)

5 advantages of leasing instead of owning a car (lower monthly payments!)

Want (or need) a new car? Dale Scorer (a wealth manager at AlphaWealth) reckons you should consider leasing.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?