Call for snap debate on attack against Gordhan | Fin24
 
  • New Notes

    Long queues have formed in Harare after Zimbabwe released new bank notes and coins.

  • Open Book

    Former President Jacob Zuma says the public protector can access his tax records.

  • Electricity

    Sowetans should pay rate of R150/month to foster a payment culture, says an ANC councillor.

Loading...

Call for snap debate on attack against Gordhan

May 19 2016 11:51

Cape Town - The Democratic Alliance on Thursday called for a snap debate on what it called the political assault against Finance Minister Pravin Gordhan and the National Treasury.

DA shadow minister of finance David Maynier said in a statement that he has sent a request to Speaker of the National Assembly Baleka Mbete for a debate "of public importance on what appears to be a deliberate campaign to intimidate the Minister of Finance, Pravin Gordhan, and to undermine National Treasury".

He was hoping for a debate before the recess on May 26.

Since his reappointment in December to the post he held from 2009 to 2014, Gordhan has been facing one headwind after another amid efforts to restore investor confidence and ward off a junk credit rating.

The latest came in a report of Gordhan facing imminent arrest after the Hawks handed a docket over to the National Prosecuting Authority for his involvement in the SA Revenue Service’s “rogue unit”.

In response to that, Maynier said Gordhan's "arrest" would cause an economic earthquake, which would make “9/12” look like a minor economic tremor.

"9/12" refers to December 9 last year when President Jacob Zuma unceremoniously sacked then finance minister Nhlanhla Nene, replacing him with the unknown Des van Rooyen. Van Rooyen’s appointment lasted only four days before Gordhan was recalled to his old post.

On Thursday Maynier said the country is at a “tipping point” with economic growth collapsing, 8.9 million people unemployed; and the economy in danger of a ratings downgrade.

"We cannot afford what amounts to a sustained political assault on the finance minister, and the only highly professional officials at National Treasury," said Maynier.

da  |  national treasury  |  pravin ­gordhan  |  sa economy
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

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

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote

Loading...