South Africa’s political players are headed for a collision course over the fate of the finance minister, who the Treasury on Tuesday said is traveling to Indonesia for an International Monetary Fund (IMF) meeting.
Pressure has been piling on finance minister Nhlanhla Nene to resign, following his disclosure to the state-capture inquiry commission, that he had met the Gupta brothers between 2010 and 2013.
The Business Day on Monday reported that Nene had asked president Cyril Ramaphosa to relieve him of his duties as finance minister.
Public servants at all spheres and levels of government will have no obligation to responsibly manage state fiscal resources under a compromised minister of finance.
Ramaphosa’s office responded and said they were not aware of Nene’s request.
And on Tuesday, Treasury spokesman Jabulani Sikhakhane said the finance minister was expected to arrive in Indonesia on Wednesday.
Nene is also expected to read the mid-term budget later this month.
Showdown with EFF looming
The news that Nene is continuing with his duties is likely to anger opposition supporters including the Economic Freedom Freedom Fighters (EFF), whose leader, Julius Malema on Monday asked Ramaphosa to sack Nene.
In a written letter to Ramaphosa, Malema argued that the country, whose economy is in recession, had very serious challenges that needed a credible finance minister to address them.
‘‘Public servants at all spheres and levels of government will have no obligation to responsibly manage state fiscal resources under a compromised minister of finance,’‘ Malema said.
He then added that that Nene can no longer inspire much needed confidence to revive the economy.
‘‘The Medium-Term Budget Policy Statement (MTBPS)‚ which is supposed to be a statement to build confidence amongst all important economic role players‚ cannot‚ and should not‚ be delivered by a minister who was part of the Gupta criminal syndicate.”
For the EFF, Nene’s position as finance minister is no longer tenable and they are determined to win what they are now calling a battle.
He is a liar, who is being assisted by one other Minister in the current government to concoct stories and use the media platforms they control for PR exercises. The EFF assures the people of South Africa that, like we won with Zuma, we will win the battle against Nhlanhla Nene.
— Floyd Shivambu (@FloydShivambu) October 8, 2018
Malema had threatened on Sunday that streets protests might be organised to demand for the removal of Nene as finance minister.
The Gupta brothers are accused of using their friendship with former president Jacob Zuma to influence government decisions including unfairly winning state contrcats.
Both Zuma and the Guptas have denied any wrongdoing.