Jacob Zuma must go — but Sibanye’s Neal Froneman sees a silver lining
DENVER — Sibanye Gold CEO Neil Froneman has added his voice to the chorus saying President Jacob Zuma needs to go. Poor governance was deterring prospective investors, the head of SA’s biggest gold producer said in an interview on Monday from the Denver Gold Forum in Colorado Springs. "Any solid investor, any solid company is founded on good governance and what we have in SA at the moment is very poor governance, from a government point of view," Froneman said. READ THIS: Not all sides in the battle are morally equivalent Sipho Pityana, chairman of AngloGold Ashanti and a prominent ANC member, last week said Zuma had "no integrity" and his actions were putting SA at risk of a credit-rating downgrade to junk. Zuma has spooked investors this year by sparring with Finance Minister Pravin Gordhan for control of the Treasury, South African Revenue Service (SARS) and state companies, while in March SA’s top court said the president had violated the constitution for refusing to repay taxpa...
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