Zuma says reaction to sacking finance minister "an exaggeration"

10 January 2016 - 17:53 By TJ Strydom

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..

There’s never been a more important time to support independent media.

From World War 1 to present-day cosmopolitan South Africa and beyond, the Sunday Times has been a pillar in covering the stories that matter to you.

For just R80 you can become a premium member (digital access) and support a publication that has played an important political and social role in South Africa for over a century of Sundays. You can cancel anytime.

Already subscribed? Sign in below.



Questions or problems? Email helpdesk@timeslive.co.za or call 0860 52 52 00.