Cabinet draws line under Gordhan saga

2016-11-03 17:42
Minister of Finance Pravin Gordhan. (Netwerk24)

Minister of Finance Pravin Gordhan. (Netwerk24)

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Cape Town - Cabinet has moved to draw a line under the botched handling of fraud charges against Finance Minister Pravin Gordhan.

In a post-Cabinet statement on Thursday following a two-day special meeting in Parliament, members of the executive said the country should now focus on the ailing economy.

"The decision by the NPA to withdraw fraud charges against Finance Minister Pravin Gordhan brings the matter to finality and allows the country to direct all efforts to advance the economy, build investor confidence and avert an international credit rating downgrade."

READ: NPA should follow proper procedures when charging people - Maimane

NPA head Shaun Abrahams announced on Monday he would be withdrawing fraud charges against Gordhan, former Sars commissioner Oupa Magashula and former deputy commissioner Ivan Pillay, saying he was satisfied they did not act unlawfully.

Among other issues discussed in the Cabinet meeting included the current drought and fees crises plaguing various provinces and higher institutions respectively.

Funding higher education remained a priority, with Cabinet praising the additional R17bn to be made available to the sector over the next three years.

"This funding is welcomed, however, the immediate priority now is to resume learning. Now is the time to end all protests, return to class and complete the academic year without further delays."

Water restrictions

With regard to the drought, a technical task team has been established to monitor the implementation of recent water restrictions.

Cabinet has placed a target for Rand Water, the main supplier of portable water into Gauteng, to reduce the supply from Rand Water by 687 million litres per day.

The Vaal dam will be kept at 25% by transferring water from the Sterkfontein dam.

Municipalities were encouraged to meet their targets to reduce their water consumption.

"It is important that all consumers comply with the restrictions to make sure that we can stretch our available water supplies."

Cabinet met on Tuesday and Wednesday to also discuss urgent issues surrounding state-owned enterprises and the nuclear procurement process, with the view to allowing Eskom to lead the procurement process with Russian companies.

Read more on:    npa  |  pravin gordhan  |  state capture  |  politics  |  parliament 2016

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