Molefe coming for Gordhan's job? Not just yet - analyst

accreditation
Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Cape Town - Although Brian Molefe's move to parliament keeps him in line to possibly be the next finance minister, he will in all likelihood remain on the backbenches for some time, according to one political analyst.

Molefe, who served as a deputy director general at the National Treasury, is widely speculated to be a strong contender for the position of finance minister should Pravin Gordhan be ousted.

The 50-year-old, who is yet to be sworn in as an MP, was nominated to fill a vacancy on the Northern Cape list of African National Congress MPs.

Support independent journalism
Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism.
Subscribe
Already a subscriber? Sign in
Rand - Dollar
14.24
+0.4%
Rand - Pound
19.81
-0.3%
Rand - Euro
16.97
-0.1%
Rand - Aus dollar
10.72
-0.2%
Rand - Yen
0.13
+0.3%
Gold
1,782.45
+1.0%
Silver
25.96
+0.6%
Palladium
2,552.48
+3.4%
Platinum
1,049.73
+1.1%
Brent Crude
73.51
+0.6%
Top 40
59,500
-0.0%
All Share
65,591
-0.1%
Resource 10
61,169
+0.4%
Industrial 25
88,018
+0.1%
Financial 15
12,873
-0.9%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Should government have assigned a majority shareholding in SAA to the private sector?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, It's a good decision
65% - 227 votes
Not a good move
9% - 33 votes
Too early to tell
25% - 88 votes
Vote