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
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