News Column

ANC has faith in new head of finance

May 27, 2014


Staff Reporter

The ANC believes newly-appointed Finance Minister Nhlanhla Nene will do as well as his accomplished predecessors Pravin Gordhan and Trevor Manuel.

Deputy secretary-general Jessie Duarte, pictured, said yesterday: "Minister Nene is not only academically qualified, he is highly qualified both in financial administration and economics and developmental economics."

In an interview with sister newspaper The Star, Duarte said Nene's "knowledge and understanding of the business of financial management is impeccable" because he had served in the finance portfolio for some time.

There was speculation yesterday Gordhan was moved to Co-operative Governance and Traditional Affairs to fast-track service delivery because of the tough competition the ANC is likely to face in the 2016 local government elections.

But Duarte said: "I think the president didn't appoint Minister Gordhan to look at the elections only. He appointed him to actually look at administering the service delivery angle of local government (because he's) somebody who is really capable of ensuring that service is administered."

She defended President Jacob Zuma's decision to introduce three new ministries in a cabinet already seen as bloated.

"We had 35 ministries and departments in the last administration. We have exactly 35 ministries in this administration.

"What has happened is the president has amalgamated some ministries and has created effectively two new ministries, Water and Sanitation and a ministry that will deal with telecommunications and post offices "

Cape Argus

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Source: Cape Argus (South Africa)