for subscribers

'Wounded leopard' Zuma has to pounce on fiscus now - political analyst

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

Cape Town - President Jacob Zuma finds himself in a wounded leopard scenario and to survive he and his supporters must gain access to the country’s fiscus. It would therefore make sense to replace Finance Minister Pravin Gordhan with a loyalist such as former Eskom CEO Brian Molefe. 

This is the view of André Duvenhage, political analyst and lecturer in political studies at the North-West University. 

Speaking to Fin24 by phone, Duvenhage said Zuma is particularly dangerous because of his timing. “In order to gain control of the country’s finances he’ll have to get rid of the finance minister before the delivery of the Budget Speech on February 22. I expect it will happen shortly after the State of the Nation Address (on February 9).” 

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
16.33
(-0.06)
ZAR/GBP
21.08
(-0.04)
ZAR/EUR
19.33
(-0.03)
ZAR/AUD
11.90
(-0.03)
ZAR/JPY
0.16
(-1.15)
Gold
1949.72
(+0.03)
Silver
26.74
(+0.09)
Platinum
928.80
(+0.44)
Brent Crude
43.52
(-0.32)
Palladium
2356.01
(+0.63)
All Share
54673.65
(-0.66)
Top 40
50399.16
(-0.59)
Financial 15
9841.32
(-2.14)
Industrial 25
72558.00
(-1.08)
Resource 10
55438.10
(+0.58)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 1302 votes
It depends on how the funds are used.
73% - 8628 votes
No. We should have gotten the loan elsewhere.
16% - 1901 votes
Vote