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

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
We need to deracialise our thinking - Sandile Zungu (Black Business Council)

We need to deracialise our thinking - Sandile Zungu (Black Business Council)

The Money Show’s Bruce Whitfield interviews newly elected Black Business Council president Sandile Zungu.

Hedy Lamarr invented what became Wi-Fi. She's more famous for onscreen nudity

Hedy Lamarr invented what became Wi-Fi. She's more famous for onscreen nudity

You may not have heard of Hedy Lamarr, but you owe this 1940s Hollywood star a great deal.

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

#DataMustFall! Meet Rain CEO Willem Roos... he is making it happen

The Money Show’s Bruce Whitfield interviews Rain CEO Willem Roos for his weekly “ShapeShifter” feature.

Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

Sars acting Commissioner Mark Kingon wants tax to be boring. It won't be easy

South African Revenue Services' Mark Kingon has the most dreadfully important job. Bruce Whitfield interviews him...

SA start-up uses local talent to teach machines to think for themselves

SA start-up uses local talent to teach machines to think for themselves

Bruce Whitfield interviews Frans Cronje, cofounder of DataProphet, a firm specialising in tailor-made machine learning algorithms.

‘Real Wolf of Wall Street’ Jordan Belfort on sex, drugs and starting over

‘Real Wolf of Wall Street’ Jordan Belfort on sex, drugs and starting over

[Strong language warning] Jordan Belfort, played by Leonardo DiCaprio, opens up about his sordid past and inspirational new life.

Popular articles
Afroworld View employees left jobless, as DStv shuts it down

Afroworld View employees left jobless, as DStv shuts it down

CWU says 350 workers from Afroworld View will be paid at the end of the month even though the channel has closed.

We need to guard our independence - Kganyago

We need to guard our independence - Kganyago

Reserve Bank Governor, Lesetja Kganyago responds to an EFF bill proposing nationalisation of the central bank

[WATCH] Guy gives girlfriend the hood from his jacket but keeps coat for himself

[WATCH] Guy gives girlfriend the hood from his jacket but keeps coat for himself

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

Political desk: Who was the real winner of Zimbabwe’s recent election?

Political desk: Who was the real winner of Zimbabwe’s recent election?

Zimbabwe's constitutional court is set to decide the real results of the country's recent polls.

Two young boys go the extra mile to get a sick dog to a vet with just R7

Two young boys go the extra mile to get a sick dog to a vet with just R7

Peter and Jerry gave up their last R7 to get a sick community dog (Lady) to an Animal Welfare shelter for medical attention.

[LISTEN] White callers debate privilege and response to apartheid

[LISTEN] White callers debate privilege and response to apartheid

Two white callers, Matt and Stephanie, disagreed on how white people should respond to apartheid as Eusebius McKaiser facilitated.