• Conflict over water, coal

    SA's leaders have upped their support of the water-intensive coal industry, says Keith Schneider.

  • Cost of doing business

    The world can't afford the $4.7trn a year in environmental costs of business, says Mandi Smallhorne.

  • Voter paralysis

    With so much tilting voters against change, democratic reason is the loser, says Solly Moeng.

All data is delayed
Loading...
See More

Van Rooyen was highly qualified for finance job, says Zuma

Feb 22 2016 15:34
Genevieve Quintal, News24

Pretoria - Des van Rooyen was the most qualified person to be appointed to the position of finance minister, President Jacob Zuma said on Monday.

"That thing caused such havoc and people think Zuma just woke up one day and took a decision," Zuma told political reporters and editors at the Union Buildings in Pretoria.

"You know Des van Rooyen is my comrade, MK for that matter, he's a trained finance and economic comrade and more qualified than any minister I have ever appointed in the finance issue."

Zuma was speaking to the group at the launch of the Presidential Press Corp (PPC).

READ: DA slams Zuma's 'unwise' Van Rooyen remarks

In December, Zuma faced a backlash after he announced that he was replacing Finance Minister Nhlanhla Nene with Van Rooyen, who was an ANC MP.

There was a public outcry and calls for Zuma to be recalled over the move, which saw the rand reach record lows.

Four days after the announcement, Zuma backtracked, replacing Van Rooyen with Pravin Gordhan, a respected former finance minister. The rand recovered somewhat.

READ: Named: Van Rooyen’s two Gupta 'advisers' who almost hijacked SA Treasury

Zuma on Monday said as president he took decisions, which was his constitutional right.

"They want to take decisions on behalf of the president, at times including some in the media, not everyone," he said.

"You may not know why I took that decision, you might get very good reasons why, but if you don't know you speculate on the basis of what you see, when there might be very serious reasons," he said without giving any further details.

Follow Fin24 on Twitter, Facebook, Google+ and Pinterest. 24.com encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

david van rooyen  |  jacob zuma  |  nene fired

 
 
 
 

Company Snapshot

We're talking about:

THE DEBT ISSUE

Debt is one of the biggest financial issues facing South Africans today. Find out how you can avoid and manage your debt with Fin24 and Debt Rescue.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The upcoming petrol price hike is:

Previous results · Suggest a vote

Loading...