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Gordhan will stand his ground

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Finance Minister Pravin Gordhan has vowed to fight the fraud charges laid against him and use the same spirit to convince credit rating agencies in the coming weeks and that, while South Africa’s democracy is “noisy”, the country should keep its current investment-grade rating.

“The charges have brought into question the legitimacy of some of the announcements that the National Prosecuting Authority [NPA] leadership has made over the past few days.

"You will hear more about that in the coming weeks because, as activists, we don’t sit quietly when injustice has been done,” he said at the Thomson Reuters Africa Conference in Cape Town this week.

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