The power dynamics in President Cyril Ramaphosa’s inner circle have shifted, bolstering Finance Minister Tito Mboweni’s influence.
“He is the winner,” said Ralph Mathekga, an analyst and author of books on South African politics. “Tito Mboweni is on the rise. His case has been made more real.” While Mboweni repeatedly called for SAA to be closed or sold, Gordhan argued for the need for a national airline, and placed it in bankruptcy protection in December in a bid to ensure its survival. In February, Gordhan said it was “imperative” that ways be found to rescue the carrier because closing it would have “disastrous consequences” including job losses, EWN reported. The carrier now plans to lay off its entire workforce. Gordhan’s ministry has protested.
“The positive side of this crisis is we can see how the government should actually work, without the day-in, day-out intervention by elements within the ANC,” said Theo Venter, a political analyst at North-West University in Potchefstroom, west of Johannesburg.
Fin24 Halleluah! After 2 years of being told you were to become Junk, it took a world pandemic to wake up!! Or is it because Ramaphosa need a world pandemic as an excuse to act
Fin24 If that results in growth of the economy and creation of job opportunities this will be good. Time will tell. Just a bit worried about the influence of Martin Kingston of Rothschild bank (from the conspiracy theories). What is his agenda? Have we voted for this guy and his bank
Fin24 LockDownMustFall MYANC cyrilramaphosa it cannot go on like this. With no income people cannot buy basic medicine and supplements. They cannot pay monthly medical aid fees. General health is at serious risk. SABCNews It cannot go on like this! Disaster is waiting!