Outrage over Finance Minister’s unexplained axing - CNBC Africa

Outrage over Finance Minister’s unexplained axing

Southern Africa

by Aviwe Mtila 0

The unexplained axing of Finance Minister, Nhlanhla Nene (right), by President Jacob Zuma (centre) has left many outraged. Photo: Flickr.

As the Rand plummets to a record low, civilians in Africa’s golden square mile voice their frustrations on President Jacob Zuma’s decision to axe Finance Minister Nhlanhla Nene.

Karen Viljoen, a nurse working in South Africa for 32 years, says since Nene’s removement on Wednesday evening, she’s decided to relocate overseas as she’s uncertain about the future of the country.

“I’ve been trying to wrap my head around it since I heard about it last night and I’ve tried to come with all sorts of angles but it’s still not making sense. Somebody needs to explain something because I think it was really uncalled for. I’m not sure what motivated it,” says Viljoen.

Nene was appointed Finance Minister in May 2014. Since his appointment, Nene has emphasized the need to reduce government spending and to limit salary increases of government employees. Last week, Nene turned down an SAA board proposal to restructure a re-fleeting agreement with Airbus, saying it would amount to financial misconduct. President Zuma did not issue a reason for Nene’s deployment, ironically, on International Anti-Corruption Day.

Taxi owner, Mduduzi Goza, warned South Africans of the impact their decisions have on the country.

“In the future we have to choose the president wisely because our currency and economy is going down, which is not good,” says Goza.

“I have heard good things about Jacob Zuma but unfortunately I disagree with them. He might not be the one making these decisions but he’s the one responsible for these decisions. So, unfortunately, he should be the one plummeting, not the rand,” says university student Lauren Clark.