Happy Christmas – gird the loins for a traumatic start to the New Year

London - Take some deep breaths between eating all that traditional turkey because if my “usually reliable source” is right, the New Year will bring fresh challenges. Starting early.

I was dubious, but after belligerent addresses to the ANC Youth League this week by President Jacob Zuma and his acolyte Collen Maine now not too much. The national wrecking ball’s war talk is positioning loyalists for another Nenegate-type blunder.

READ: #NeneGate, according to Zuma

My insider paints it like this: When ANC bigwigs meet in the first week of January, Zuma will push for and get an “accelerated radical transformation” mandate. He’ll share his road map to Zimbabwe in the ANC’s New Year statement on January 8, setting up a major cabinet reshuffle soon after Davos ends on January 20.

READ: 'We want the rand to fall so that when it rises, we will control the economy' - Maine

That will usher in a new Finance Minister with Pravin Gordhan ejected along with other cabinet members (Hanekom, Motsoaledi, etc) who put the Constitution above party loyalty. It will ensure Zuma’s ex-wife takes over as the next ANC leader – and keeps him out of jail.

READ: Black people still don't control the economy - Zuma

My source is adamant this is how things will play out. Even if he’s half right, 2017 promises to be another interesting year for South Africa. Unfortunately.

* For more in-depth business news, visit biznews.com or simply sign up for the daily newsletter.

Read Fin24's top stories trending on Twitter:

ZAR/USD
16.83
(+0.36)
ZAR/GBP
21.23
(+0.57)
ZAR/EUR
19.00
(+0.99)
ZAR/AUD
11.72
(+0.85)
ZAR/JPY
0.16
(+0.45)
Gold
1802.68
(-0.29)
Silver
18.64
(-0.18)
Platinum
835.00
(-1.41)
Brent Crude
43.32
(+0.49)
Palladium
1939.00
(+1.81)
All Share
55787.90
(-0.15)
Top 40
51536.91
(-0.04)
Financial 15
10339.64
(+0.63)
Industrial 25
77428.31
(-0.10)
Resource 10
52587.29
(-0.39)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Please select an option Oops! Something went wrong, please try again later.
Results
I'm not really directly affected
18% - 1873 votes
I am taking a hit, but should be able to recover in the next year
23% - 2456 votes
My finances have been devastated
34% - 3652 votes
It's still too early to know what the full effect will be
25% - 2629 votes
Vote