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Articles on Nhlanhla Nene

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There are claims President Jacob Zuma may push through irresponsible proposals relating to higher education funding. Reuters

What the hijacking of South Africa’s Treasury means for the economy

The imposition of the fee free higher education proposal on South Africa’s National Treasury without due consideration represents an escalation of the state capture led by President Jacob Zuma.
South Africa’s deputy president Cyril Ramaphosa (L) and President Jacob Zuma. Ramaphosa has described the ANC government as being at war with itself. EPA/Mike Hutchings

Why patronage and state capture spell trouble for South Africa

South Africa has reached a critical point. If patronage politicians win the battle within the ruling ANC and complete the capture of the state, the country will slip from stagnation into the abyss.
Finance minister Pravin Gordhan’s budget speech has put the ANC government’s plan to fight poverty and reduce inequality back in the spotlight. Reuters/Siphiwe Sibeko

South Africa’s budget hits right notes but won’t stave off downgrade

Finance minister Pravin Gordhan would need President Zuma’s undivided support to drive bold economic reforms. But, signs suggest that he does not have such support and is undermined by the president.
South Africa’s Jacob Zuma is president of the country as well as the African National Congress. He is under pressure on all fronts. Reuters/Siphiwe Sibeko

Does President Zuma have the courage to do the right thing?

It is unlikely President Zuma will announce a structural changes in his State of the Nation Address. This, despite education being in dire need of fundamental restructuring and an economy in decline.
Pravin Gordhan is considered an independent mind. His return as South Africa’s finance minister will boost investor confidence. EPA/Dai Kurokawa

Zuma’s about-turn shows power of the South African media, and the markets

South Africa has had three finance ministers in four days. President Jacob Zuma will live with the fall-out for the rest of his term. Markets have a long-term memory and won’t easily forget.
South African academics are extremely worried about President Jacob Zuma’s axing of the finance minister. Reuters/Stefanie Loos

Academics in South Africa voice their dismay at Zuma’s actions

Academics from several South African universities say that in the current world economy decisions about any country’s finance minister cannot be made “lightly or capriciously”.

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