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Wed May 25 01:33:47 SAST 2016

Zuma says reaction to sacking finance minister "an exaggeration"

TJ Strydom | 10 January, 2016 15:53

President Jacob Zuma said the reaction to his decision to sack Nhlanhla Nene as finance minister in December had been an exaggeration.

The president last month changed finance ministers twice in a week, sending the rand plummeting, alarming investors and triggering financial turmoil.

"I think there was an exaggeration in terms of the reaction," Zuma told eNCA television in an interview aired on Sunday, without going into further details.

- REUTERS

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