On Thursday, the SACP said that anyone responsible for causing losses to the economy due to meddling with the Treasury must be held accountable for his/her actions. But the SACP again did not confirm whether Cabinet ministers who were also party members would resign en masse should President Jacob Zuma act against the Treasury. Party second deputy general secretary Solly Mapaila confirmed to journalists at a media briefing that President Jacob Zuma had informed the party of his intention to remove Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, and his motive for wanting to do so, but the party rejected both the intent and the reasoning behind it. Zuma had used an intelligence report to justify his desire to reshuffle the pair — his shifting of former finance minister Nhlanhla Nene in December 2015 and replacement with MP Des Van Rooyen lost the country between R89bn and R100bn in pension funds, Mapaila said. Interestingly, before Nene’s removal, a bogus intelligence ...

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