Treasury DG Lungisa Fuzile explains (on The Money Show) why he quit

I think my time in politics is done.

Lungisa Fuzile

Treasury has confirmed the departure of Director-General Lungisa Fuzile.

He had been seen as crucial to maintaining stability at the Treasury after Gigaba replaced Gordhan as minister.

Fuzile's decision means the current finance minister will now be able to select a new director general to replace him.

Arabile Gumede (in for Bruce Whitfield on The Money Show) interviewed Fuzile.

Listen to the interview in the audio below (and/or scroll down for more quotes from it).

We’ve had too many changes; some of them too close to one another.

Lungisa Fuzile

I wish the downgrade didn’t happen. But things beyond our control made S&P to reach that point.

Lungisa Fuzile

Click here (then“like” the page) to follow Bruce on Facebook.

Enter your email address in the form below to receive a newsletter containing the most-read articles of the week from Bruce Whitfield’s The Money Show every Friday morning in your inbox.

Subscribe to our Business Wrap Newsletter

Article brought to us by Old Mutual.


Recommended

by NEWSROOM AI
Read More
How to build a business that will survive constant technological change

How to build a business that will survive constant technological change

The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.

How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

Will Government hit punch-drunk South Africans with more tax hikes in 2019?

Will Government hit punch-drunk South Africans with more tax hikes in 2019?

Revenue collections are surprisingly good, so far, thanks to the VAT hike. Bruce Whitfield interviews PwC's Kyle Mandy.

9 tough questions you should never be afraid to ask your financial advisor

9 tough questions you should never be afraid to ask your financial advisor

Times are tough. Don’t spare her feelings! You must ask these questions of your advisor, implores Galileo Capital's Warren Ingram.

A compelling argument for using SA's pension funds to build infrastructure

A compelling argument for using SA's pension funds to build infrastructure

Bruce Whitfield interviews John Oliphant, former Principal Executive Officer at the Government Employees Pension Fund.

'Sars eFiling is stable, at the moment'

'Sars eFiling is stable, at the moment'

Testimonies at the Sars Inquiry has many South African taxpayers panicked. Bruce Whitfield interviews Sars' Mark Kingon.

Popular articles
The Polo GTI has got that vrrrpha mentality written all over it - Jacob Moshokoa

The Polo GTI has got that vrrrpha mentality written all over it - Jacob Moshokoa

Automotive Journalist, Jacob Moshokoa shares his views of the Polo GTI 2018, and chats about the vrrrpha mentality among young men

Sucking titties does not cure cancer, it detects it - Lillian Dube

Sucking titties does not cure cancer, it detects it - Lillian Dube

Actress, Cancer survivor and activist Lillian Dube shares why she decided to be a cancer activist.

Yet another wet and cold weekend for Gauteng warns weather service

Yet another wet and cold weekend for Gauteng warns weather service

Gauteng residents are warned to brace themselves for another weekend of heavy rain, possible hail and damaging winds.

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

[Watch] SA choir stuns with isiZulu cover of Ed Sheeran’s ‘Shape of You’

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone Viral'.

Calls for more women to come forward and testify at Timothy Omotoso's trial

Calls for more women to come forward and testify at Timothy Omotoso's trial

Thanduxolo Jindela explains why he is running a campaign to encourage more of Omotoso’s victims to come out and testify.

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.