'Malusi Gigaba should not be anywhere near the nation’s coffers!'

There is a hurricane strength political and economic storm raging around Finance Minister Malusi Gigaba's position.

The Minister on Monday postponed a briefing to give clarity on the way forward for the country’s economy.

On Friday night, Moody’s announced its decision to drop its rating a notch to Baa3, with a negative outlook.

The EFF says it will turn to the courts to challenge Gigaba’s decision to grant the Gupta family naturalised citizenship in South Africa.

The party has revealed two official letters from Home Affairs which show the family was first denied citizenship before Gigaba stepped in to give the green light.

The Money Show’s Bruce Whitfield interviewed Financial Mail Deputy Editor Sikonathi Mantshantsha.

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

South Africa’s choice for a President has been very, very negative for confidence in the economy.

Sikonathi Mantshantsha, Financial Mail

Gigaba should not be anywhere near the nation’s coffers!

Sikonathi Mantshantsha, Financial Mail

Too close for comfort with people with that reputation!

Sikonathi Mantshantsha, Financial Mail

Gigaba pretended I didn’t ask those questions! Why wouldn’t he answer those questions?

Sikonathi Mantshantsha, Financial Mail

Eskom is what it is today because of what Malusi Gigaba did.

Sikonathi Mantshantsha, Financial Mail

I would believe Ajay Gupta before I believe anything The Hawks says.

Sikonathi Mantshantsha, Financial Mail

All the work Gigaba has done shows us he should not be anywhere near executive power.

Sikonathi Mantshantsha, Financial Mail

They [Gigaba and his deputy] are the worst possible team we could have.

Sikonathi Mantshantsha, Financial Mail

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


Recommended

by THE NEWSROOM

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
South African CEO Hennie de Klerk wins 2018 Dakar Rally rookie race

South African CEO Hennie de Klerk wins 2018 Dakar Rally rookie race

The Money Show’s Bruce Whitfield interviews De Klerk.

'If Bitcoin goes to pot, we’ll blame the HODLers'

'If Bitcoin goes to pot, we’ll blame the HODLers'

This and other insights on fintech from Rand Merchant Investments Senior Investment Executive Dominique Collett.

Anoj Singh - we've got evidence - is telling lie after lie, says amaBhungane

Anoj Singh - we've got evidence - is telling lie after lie, says amaBhungane

Bruce Whitfield interviews EWN’s Lindsay Dentlinger and journalist Craig McKune (amaBhungane Centre for Investigative Journalism).

‘Attention, drug dealers. Report your competition to our hotline’

‘Attention, drug dealers. Report your competition to our hotline’

Ad guru Andy Rice slams H&M for its full-page apology. He praises a funny, anti-drug billboard from the United States.

Danny K answers decidedly personal questions about his money

Danny K answers decidedly personal questions about his money

The Money Show’s Bruce Whitfield interviews K about his attitude to money (hopes and fears, successes and failures, etc.)

Tony Robbins on how to make money when others panic

Tony Robbins on how to make money when others panic

Feroz Basa (Old Mutual Investment Group) reviews “Unshakeable: Your Financial Freedom Playbook” by Tony Robbins.

Popular articles
How Free State's Ace Magashule's family linked to Gupta companies #GuptaLeaks

How Free State's Ace Magashule's family linked to Gupta companies #GuptaLeaks

Revelations published today show how the premier's sons and Free State govt appear heavily involved in the Gupta-owned companies.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

'The university degree is dead'

'The university degree is dead'

Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.

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?

5 ways the NSFAS funding model will change in 2017

5 ways the NSFAS funding model will change in 2017

The National Student Financial Aid Scheme (NSFAS) will pilot a new funding model in 2017. NSFAS chairperson Sizwe Nxasana explains.