KEYNOTE ADDRESS
Economy a casualty of political jostling, says Mcebisi Jonas
The former deputy minister also expresses concern about the Treasury
Many of SA’s institutions had been forsaken or deliberately weakened over the past decade for political expediency, former finance deputy minister Mcebisi Jonas said on Wednesday. Jonas, who was among members of the executive fired by President Jacob Zuma in a surprise midnight cabinet reshuffle last week, was giving the keynote address at the AHi Small Business Chamber conference in Centurion. Speaking on the sidelines of the conference, the former deputy minister, now an ordinary ANC MP, also expressed concern about the Treasury. But he stopped short of saying whether the fiscus had been plunged into crisis by his and Pravin Gordhan’s abrupt firings, as well as the impending departure of director-general Lungisa Fuzile. Choosing his words carefully when asked if he had any concerns about the Treasury, he said: "You still have solid capacity in [the] Treasury. Am I worried? Yes, I am."
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