The Voice of the Cape Drivetime

Political & Economic Implications of Nene Removal

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Economists believe Finance Minister Nhlanhla Nene was abruptly removed from his post on Wednesday for political reasons.This includes his reluctance to fund the R1trn nuclear programme, his inquiry into the squandering of funds at the SABC and his ruling against SAA in negotiations with Airbus.
The markets have however since, taken a hammering today and the rand does not seem to be in any better shape either. Joining us online now to discuss and unpack this is...

Guest: Abdul Azeez Davids
Position: Head of Research, Kagiso Asset Management
10 Dec 2015 10AM English South Africa News

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