President Jacob Zuma has sabotaged the economy and broken his oath of office to act in the best interests of the country, says Bonang Mohale, deputy chairman of Business Leadership South Africa (BLSA). "It may be the president's prerogative to change his cabinet, but the first duty of any president is to always act in the best interests of the country," says Mohale. His oath of office prescribes this. "How can what we've seen be remotely related to acting in the best interests of the country?" He believes Zuma knew exactly how important the London meetings of Pravin Gordhan and business leaders with ratings agencies and investors were to stave off a downgrade. They were part of a 16-month campaign that had begun to bear fruit, says Mohale. "South Africans working together had made sufficient progress on economic growth, structural reforms and fiscal consolidation to maintain our investment-grade rating and engender confidence, as reflected in the gradual strengthening of the rand." ...
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