'Malusi Gigaba is lying' - EFF's Dr Mbuyiseni Ndlozi

On Tuesday, Finance Minister Malusi Gigaba briefed the media denying reports that the National Treasury wants to use R100 billion of the Public Investment Corporation (PIC)’s funds to bail out state-owned enterprises (SOEs).

EFF's national spokesperson Dr Mbuyiseni Ndlozi talks to 702's Bongani Bingwa and says they are not buying it.

It is the oldest trick in the book of the people who are leading the country at the moment...it is a PR exercise.

Dr Mbuyiseni Ndlozi, EFF national spokesperson

We have to be vigilant over the PIC and our concern is that this is a body that manages the pension funds of workers.

Dr Mbuyiseni Ndlozi, EFF national spokesperson

The project of state capture is unrelenting, he says, and the show of unity at PIC Treasury briefing by Malusi Gigaba is a sham.

He is lying.

Dr Mbuyiseni Ndlozi, EFF national spokesperson

Take a listen:


Recommended

by NEWSROOM AI

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
Hiding inside the 'dark web' - the horrors of child pornography

Hiding inside the 'dark web' - the horrors of child pornography

Expert says says child pornography has the effect of re-abusing the victim because it always exists online.

Thousands expected to march in support of Zuma

Thousands expected to march in support of Zuma

Supporters of the former president are expected to march to the Durban High Court on Friday.

NPA to pursue Zuma prosecution

NPA to pursue Zuma prosecution

NPA boss Shaun Abrahams announced on Friday that the state will reinstate fraud and corruption charges against Jacob Zuma.

[WATCH Bongani Bingwa] Politicians personify low standards and are nonsensical

[WATCH Bongani Bingwa] Politicians personify low standards and are nonsensical

Breakfast show host Bongani Bingwa interrogates the issue of corruption by state officials and questions their competence.

[LISTEN] Neighbours from hell:  Callers share their stories

[LISTEN] Neighbours from hell: Callers share their stories

Tebogo says his neighbor is always borrowing a cup of sugar and other non-perishables.

'Encourage people to take precautions against listeriosis but they need water!'

'Encourage people to take precautions against listeriosis but they need water!'

702's Bongani Bingwa comments on the Cape Town water crisis, saying residents may be exposed to disease if it is not resolved.

Popular articles
Robots are already replacing financial advisors right here in South Africa

Robots are already replacing financial advisors right here in South Africa

But can they be trusted? Are they independent? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Madiba’s private secretary Zelda la Grange opens up about money (hers and his)

Bruce Whitfield interviews La Grange about her and Madiba's attitude to money (hopes and fears, successes and failures, etc.)

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

You’re either a ‘money slave’ or a ‘money master’ (says author of 'My Money')

The Money Show’s Bruce Whitfield interviews Sugar Creek financial expert and author of “My Money” Gerald Mwandiambira.

How to make money through ‘buy-to-let’ (using very little of your own money)

How to make money through ‘buy-to-let’ (using very little of your own money)

Bruce Whitfield interviews Francois Janse van Rensburg, author of “Making Money through Buy-To-Let in South Africa".

Retirement: 8 biggest mistakes people typically make…

Retirement: 8 biggest mistakes people typically make…

The Money Show’s Bruce Whitfield interviews Galileo Capital Financial Advisor Warren Ingram.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

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...

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Meet Errol Musk - father of Elon, the most innovative entrepreneur of our age

Elon Musk, as you’d expect, hails from an exceptional family. Bruce Whitfield interviews his Capetonian father.