AS IT HAPPENED: Zuma speaks on state capture, tertiary fees and other matters

2016-11-23 14:31

President Jacob Zuma addressed questions on the fees must fall movement, state of capture and the economy in the last question and answer session for the year.


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Last Updated at 20:19
23 Nov 17:20

President Jacob Zuma addressed questions on the Fees Must Fall movement, State of Capture and the economy in the last question and answer session for the year.

He said the final report on the fees commission is expected in June 2017 and congratulated students for continuing with exams.

On the State of Capture report, Zuma said there was no fairness in how it was handled and advocate Thuli Madonsela never sent questions to him prior to them meeting.

Missing in Parliament was the EFF as they "do not recognise Zuma as head of state and government".

“As the EFF we are going to protect this Parliament from Jacob Zuma,” EFF chief whip Ffloyd Shivambu said.

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Two or three days before the meeting she said I must answer questions.

Zuma says they spent four hours arguing, saying "If you wanted answers you should've sent me questions".

In the process of the argument Madonsela produced questions.

First she was informing, the second letter was that she was briefing me.

"If a journalist asks these questions it's a different matter" the intention of the Public Protector is different.

I did not mislead anyone, Zuma says

23 Nov 16:57

Zuma explains contents of letter received from advocate Thuli Madonsela.

23 Nov 16:55
Maimane asks Zuma why he deliberately mislead South Africans on the so called state capture report.

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23 Nov 16:52

Zuma laments South Africans politicising ratings move

Cape Town - The problem with South Africans is that they’re “politicising” the decision that ratings agencies are about to make on the country’s sovereign credit rating, said President Jacob Zuma in Parliament on Wednesday.

Zuma was responding to a question from Steve Swart, ACDP MP, who asked the President what measures have been taken to ensure South Africa will not get a credit downgrade towards year-end.

“We tend to politicise the gradings,” the President said. “We pick and choose what we think ratings agencies will talk about.”

Zuma listed a number of countries that had been downgraded earlier this year.

“There was France in September, the UK in June, Turkey in September to junk status, Russia, Brazil and China,” Zuma said.

“I’m sure some of you here have heard for the first time that all these countries – big and small – have been downgraded. “But here we make a big issue of it even though the ratings agencies haven’t even arrived yet.”

23 Nov 16:49

The economy was run wrongly and therefore we are dealing with our history which was distorted.

That is why we are dealing with problems other countries don't face.

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Zuma says there are big countries who have been sitting below the line for a long time.

South Africa is not the only country facing difficulties.

We are trying to solve problems that other countries don't have to solve, education being one of them.

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Zuma says he wants to be able to promote South Africa and make it the best country to invest in. It's political and economical relations.

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Zuma says he believes the efoorts they are making are working although there is an economic "slowdown"

The biggest economies are all facing this.

The world is faced with challenges that we are faced with the situations we are.

There is no country that can say we are out of the woods in terms of the economic challenge.

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Zuma says the only issue is that other countries don't politicise ratings agencies.

BRICS as a grouping has taken a decision to establish a ratings agency from another point of view, economically.

BRICS have their own point of view.

23 Nov 16:26
Maynier congratulates president on being able to mention the nine point plan.

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Zuma says he heard the initial question and will repeat that politicising everything is his answer.

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Zuma says we tend to create a big hype.

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Zuma mentions countries that have been downgraded - Brazil, China and US.

In South Africa our problem is we are politicising a downgrade.

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23 Nov 16:14

Zuma stays defiant on Gupta banks action Cape Town  Government cannot sit by and watch banks close people’s accounts “willy nilly”, said President Jacob Zuma on Wednesday in Parliament.

He was responding to questions from MPs when he was asked to elaborate on an inter-ministerial commission which looked into the closure of the bank accounts of Oakbay Investments – a company owned by the Gupta family.

A defiant Zuma said the fact that South Africa’s four big banks acted “simultaneously” could suggest there had been collusion.

“To any ordinary person that is not an ordinary act. It suggests there is something. They (the banks) can’t act together in the same way.

It gives a feeling that something is going on here. Now if you are a government you have to intervene in many things if the image of the country is put into problems.” (Sic)


23 Nov 16:13
Zuma congratulates deputy president and his panel for a job well done on the minimum wage.

23 Nov 16:11
R1.4 bn has been committed by private sector to support small businesses and companies have committed 1 million student internships.

23 Nov 16:10

Zuma says reviews by rating agencies are important for the country.

It encourages us to improve, reignite growth and improve global competitiveness.

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Zuma says in all international forums they go to promote the interests of the country, tell them about good opportunities that they must exploit.

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Zuma says he forgot the names of the countries that aren't happy with BRICS. He giggles.

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Zuma says as government investigations must be done and started politely by sending a team to the banks.

23 Nov 15:51

Zuma is asked why was Minister Van Rooyen not fired.

Zuma: There's nothing abnormal here. It depends on the thing that has been done. We did the right thing.

What else do you need?

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