Share

Manyi snubbed, then huffs

Progressive Professionals Forum (PPF) president Mzwanele Manyi may have resigned from his position as head of policy at the Black Business Council (BBC) because of the outcome of a meeting with National Treasury earlier this month.

According to a well-placed source within the BBC, Manyi quit because he was sidelined when the organisation smoked the peace pipe with Treasury.

However, the BBC said in a statement that Manyi had resigned, citing he had too many responsibilities in his other portfolios.

Manyi has denied that his resignation had anything to do with the outcome of the meeting and the supposed subsequent truce achieved between Finance Minister Pravin Gordhan and the BBC.

Gordhan, who convened the meeting, subsequently also accused the organisation of representing views of a certain family, presumably the Guptas.

However, during that meeting, the parties buried the hatchet and Gordhan conceded, according to a source who attended the meeting, that he really had no problem with the BBC, just with Manyi.

Manyi, who has not minced his words about his misgivings about Gordhan’s budget speech, was subsequently left out of the combined steering committee meant to discuss policy issues around budget speech, despite being the elected head of policy.

Manyi declined to comment on PPF’s view on the outcome of the Treasury-BBC meeting.

“PPF was not part of that meeting. We have no view on that meeting,” he said. 

Read Fin24's top stories trending on Twitter:

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.94
-0.9%
Rand - Pound
24.10
-0.9%
Rand - Euro
20.59
-0.7%
Rand - Aus dollar
12.42
-0.9%
Rand - Yen
0.13
-0.8%
Platinum
915.75
-0.8%
Palladium
1,028.36
-3.5%
Gold
2,159.96
+0.2%
Silver
25.03
-0.6%
Brent Crude
85.34
-0.1%
Top 40
66,252
0.0%
All Share
72,431
0.0%
Resource 10
53,317
0.0%
Industrial 25
100,473
0.0%
Financial 15
16,622
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders