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Richard Branson: SA needs Gordhan to steer country into safe waters

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Virgin Group founder Richard Branson. (Pic: Matthew le Cordeur, Fin24)
Virgin Group founder Richard Branson. (Pic: Matthew le Cordeur, Fin24)

Cape Town - The wrong decision made today could have been devastating for South Africa, multibillionaire Richard Branson, founder of the Virgin Group, said on Monday.

"It’s wonderful, wonderful news that your finance minister has been exonerated today," he said. "It’s great to see some stability brought back to South Africa.”

He was reacting to the announcement by National Prosecuting Authority head Shaun Abrahams that all fraud charges against Finance Minister Pravin Gordhan and his former colleagues at the SA Revenue Service have been dropped with immediate effect.

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