Bruce’s List: A daily guide to informed reads. Well, that was quite a weekend and it’ll be quite a week. deputy president Cyril Ramaphosa has finally emerged forcefully to take sides with finance minister Pravin Gordhan and to make clear that he expects him to deliver the medium-term budget policy statement on October 26. Gordhan himself lodged an affidavit in the Pretoria high court seeking a Declaratory Order that the finance minister cannot force the banks to do business with President Jacob Zuma’s friends, the Guptas — and in the process revealing a string of transactions the Guptas have made that have aroused the suspicions of the Financial Intelligence Centre, which reports to him. So not only are the facts of the Guptas’ finances now out in the open (it is probably just a fraction of them), but the battle lines in the ANC are clear too. In the Top Six it is the president, chair Baleka Mbete and deputy secretary-general Jessie Duarte versus Ramaphosa, secretary-general Gwede M...

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.