The Real Reasons Why Zuma Sacked Nhlanhla Nene

CAPE TOWN, SOUTH AFRICA ñ MAY 3: Deputy Minister of Finance, Nhlanhla Nene during the pre-conference on the 2013 World Economic Forum on Africa on May 3, 2013 in Cape Town, South Africa. South Africa will be hosting the 23rd World Economic Forum on Africa from 8 to 10 May 2013. The Forum will focus on Africaís economic issues. (Photo by Gallo Images / Foto24 / Mary-Ann Palmer)

There was never a BRICS job for Nhlanhla Nene, Zuma lied.

Exactly four months ago to the day Jacob Zuma fired Nhlanhla Nene, replacing him with a nobody, after which he fired the nobody and called ex-finance minister Pravin Gordhan back into his old job.

Zuma’s excuse was that Nene was needed at the new BRICS Development Bank. Yeah, BRICS: of which Brazil is pretty much ruined economically thanks to Dilma Rousseff; Russia is broke and has running sanctions against it thanks to Vladimir Putin, China’s economy is contracting thanks to the communist government’s poor planning, South Africa doesn’t have much of an economic policy to speak of really which leaves India to carry the entire group.

Anyway, we all know what happened next. The Rand dropped to R17.99 to the dollar and the economy lost in the region of R500 billion thanks to Zuma’s actions — which have recently come under increasing scrutiny as allegations that the Guptas influenced that move just won’t go away –.

So, it’s been four months and Nene hasn’t even received a job offer yet.

In an interview with eNCA, Nene said that he’s now opted for the private sector as he’s been unemployed for the last four months. From a fantastic finance minister and all-round politician to working in the private sector; the worst part being that he didn’t even know he was going to be fired.

The real reasons for Nene’s sacking are likely due to his hard-handed approach to government spending, the nuclear deal and SAA’s insane spending plans.

source: The South African


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