Cyril Ramaphosa set to announce his decision on Nhlanhla Nene at 4.30pm
After speaking to the finance minister, the president is applying his mind about Nene's future, Ramaphosa's spokesperson says
President Cyril Ramaphosa will make a public announcement on developments around finance minister Nhlanhla Nene on Tuesday afternoon. The presidency confirmed that Ramaphosa would make the announcement at 4.30pm at Tuynhuys in Cape Town. Earlier, his spokeswoman Khusela Diko said Ramaphosa had been engaging with Nene following his testimony at the state capture inquiry. She said there had been ongoing engagements between the two and that Nene had briefed him on the details around his testimony. “[Ramaphosa] is concerned about the uncertainty this matter has created in the financial markets and he reaffirmed his commitment to the project of economic stability and economic recovery. “He said on the basis of that he is applying his mind to the issues that minister Nene has raised with him. But he wants to make an announcement on the matter shortly,” Diko said. On Monday, Business Day reported that Nene had asked Ramaphosa to relieve him of his duties following public pressure over his ...
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