ShapeShifter

The life and times of former Minister of Finance Nhlanhla Nene

My dad was a teacher and my mother was a nurse.

Nhlanhla Nene

It [faith] is the anchor of my life...

Nhlanhla Nene

You could see it [his removal as Finance Minister] coming. So I was ready for it…

Nhlanhla Nene

When President Jacob Zuma fired former Minister of Finance Nhlanhla Nene on 9 December 2015, it heralded the start of instability never before seen in democratic South Africa.

The rand plummeted, and kept on falling, until the re-appointment of Pravin Gordhan as Finance Minister a few days later.

The FTSE/JSE financial 15 index plummeted by 13.36% while the FTSE/JSE banks index lost 18.54%.

Before the dust settled, R169.6 billion of value was wiped from the JSE.

The Money Show’s Bruce Whitfield interviewed Nene for this weekly “ShapeShifter” feature.

Nene discussed his life growing up and his eventful career.

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

I’m aging in style!

Nhlanhla Nene

Perhaps it takes reaching the bottom to be able to pick up the pieces.

Nhlanhla Nene

This is the first time we have an Eskom board endorsed by the entire nation.

Nhlanhla Nene

I was humbled by the reaction of South Africans on that day [when he got fired as Finance Minister]...

Nhlanhla Nene

We still have that wealth of integrity [at Treasury]… there is some erosion… but it would take a lot of doing to dismantle the institution that was built over many years…

Nhlanhla Nene

It [Kranskop, KZN] is home.

Nhlanhla Nene

I went to Parliament in 1999.

Nhlanhla Nene

All my tertiary studies was done while I was already in Parliament.

Nhlanhla Nene

I was truly grateful for the opportunity to serve South Africa.

Nhlanhla Nene

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 NEWSROOM AI
Read More
38 deals, not one failure! – Bruce Whitfield on black-owned Pape Fund Managers

38 deals, not one failure! – Bruce Whitfield on black-owned Pape Fund Managers

The Money Show’s Bruce Whitfield interviews Zuko Kubukeli, CEO at Pape Fund Managers.

Need a loan to grow your small business? There’s a pot of money waiting

Need a loan to grow your small business? There’s a pot of money waiting

Spartan SME Finance provides finance for small businesses. Bruce Whitfield interviews its CEO, Kumaran Padayachee.

Grade-4s in SA don’t understand what they’re ‘reading’. Enter Click Foundation…

Grade-4s in SA don’t understand what they’re ‘reading’. Enter Click Foundation…

Nicola Harris (founder, Click Foundation) on her mission to radically transform educational outcomes of disadvantaged learners.

Pieter de Villiers is (yet another) South African taking Silicon Valley by storm

Pieter de Villiers is (yet another) South African taking Silicon Valley by storm

He’s the co-founder of Clickatell, global leaders in application-to-person mobile messaging and mobile transactional services.

Meet Fred Roed, founder of 'Heavy Chef' (SA’s most popular monthly tech event)

Meet Fred Roed, founder of 'Heavy Chef' (SA’s most popular monthly tech event)

The Money Show's Bruce Whitfield interviews the author of "The Heavy Chef Guide to Starting a Business in South Africa".

Still young(ish)? Entry-level jobs available on Lulaway’s employment platform

Still young(ish)? Entry-level jobs available on Lulaway’s employment platform

Lulaway has placed 30 000 young South Africans in jobs since 2011. Bruce Whitfield interviews its CEO, Jake Willis.

Popular articles
5 retirement saving tips for those who left it late

5 retirement saving tips for those who left it late

It’s better to start late than never! The Money Show’s Bruce Whitfield interviews Jeanette Marais.

How Llandudno residents are bringing down crime in their small coastal suburb

How Llandudno residents are bringing down crime in their small coastal suburb

Llandudno has almost no crime in the area and that's all because of an extra levy that residents pay for some extra peace of mind.

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

Enjoy life and save for the future by splitting income using the '50/15/5 rule'

You only live once — personal finance guru Warren Ingram on divvying up your income if you're not the budgeting type.

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

[WATCH] Woman faints after hairdresser cuts 12-inch hair without telling her

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Tourist steps out of his car to film lions at Kruger National Park

[WATCH] Tourist steps out of his car to film lions at Kruger National Park

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] 'I am smart, I am blessed, I can do anything' video goes viral

[WATCH] 'I am smart, I am blessed, I can do anything' video goes viral

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Job hopeful caught cheating during his Skype interview

[WATCH] Job hopeful caught cheating during his Skype interview

Khabazela shares tweets and Facebook posts that have gone viral.

[WATCH] Dad dancing with daughter at school concert goes viral

[WATCH] Dad dancing with daughter at school concert goes viral

Khabazela shares tweets and Facebook posts that have gone viral.