PRESIDENT Jacob Zuma must intervene in the Hawks investigation of Finance Minister Pravin Gordhan, because it is heightening chances that SA’s credit rating will be downgraded to junk, Johannesburg ANC chairperson Parks Tau says."The issues around the finance minister require urgent intervention because the single-most important task right now is to ensure that all of us as South Africans protect the economy of this country," Tau, the former mayor of the country’s financial hub, said in an interview on Wednesday."Right now we are creating uncertainty, and that uncertainty is not helping our ability to cohere around protecting the economy of this country."While Tau did not say Zuma should simply order an end to the police investigation, he suggested the inquiry, which became public in February, be accelerated.The Hawks police unit is probing the finance minister over an allegedly illicit surveillance unit set up when he led the national tax agency. Gordhan, in an interview with Bloom...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.