News Column

Finance Minister praised

May 27, 2014


Staff Reporter

ANC DEPUTY secretary-general Jessie Duarte says the party is optimistic that new Finance Minister Nhlanhla Nene can emulate his much-praised predecessors Pravin Gordhan and Trevor Manuel - or even surpass their achievements.

"Minister Nene is not only academically qualified, he is highly qualified in financial administration and economics and developmental economics."

In a wide-ranging interview yesterday, Duarte said Nene's "knowledge and understanding of the business of financial management is impeccable".

"He is young, he brings in a wealth of energy and experience. We are very proud that for the first time in the history of our country, we have an African Finance Minister… he is going to do an excellent job."

Referring to speculation that Gordhan was moved to Co-operative Governance and Traditional Affairs to fast-track service delivery and improve the ANC's prospects in the 2016 local government elections, 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 - somebody really capable of ensuring that services are administered."

On deputy president Cyril Ramaphosa's specific role, Duarte said: "He is a leader of government business in Parliament, that's a very big role. The entire responsibility of the National Planning Commission implementation falls to the deputy president, including deputising on all areas for the president… "

Cape Argus

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Source: Cape Argus (South Africa)