- Pravin Gordhan is backing Cyril Ramaphosa in the upcoming presidential elections
- He believes Ramaphosa's "New Deal" would guarantee the country doesn't face a downgrade
- Gordhan believes rating agencies could wait until after the elections before they give their official ratings
Pravin Gordhan, the former finance minister, mentioned his approval for Deputy President Cyril Ramaphosa yesterday.
He said that Ramaphosa should be granted the opportunity to implement his “New Deal” proposal.
He said that support of Ramaphosa would guarantee that the country doesn’t face a downgrade.
Briefly.co.za learned that Gordhan received a standing ovation when he stood at the podium at the Daily Maverick’s The Gathering in Sandton. He said he hopes that the party is prepared for its elective conference in December.
He said that the conference will happen and that it will be a ‘clean contest’.
As the country patiently waits for another announcement from rating agencies today, Gordhan says there are two occurrences that could possibly happen.
News24 reports that he says that the agencies could either downgrade us, or they could wait for the conference before they give their official opinion.
Gordhan reiterated that the conference is critical for both the ‘ANC and the country.’
He mentioned that he is supportive of Ramaphosa’s “New Deal”, which aims to create meaningful jobs and improve the economy. He added that this initiative is not similar to any of the DA’s policies.
He said this in response to Mmusi Maimane’s previous comments in which he said Ramaphosa’s “New Deal” was actually just a “DA policy.”
Gordhan made it clear that Ramaphosa’s idea suggested a change in leadership and the generation of new ideas.
The former finance minister said that the country’s current leadership’s main focus has been to fill bank accounts, and that’s why the country has failed.
He also made fun of Lynne Brown, the Minister of Public Enterprises, who has denied all the allegations of state capture during Parliament’s inquiry committee.
“We had two nights of ‘I don’t know’, ‘That transaction happened when I was sick’, ‘It wasn’t at my house...’ You should compliment the Parliament portfolio committee for doing a great job.”
He believes the public is far more intelligent and are very capable of figuring out what was going on. He says there have been attempts in the past to intimidate people.
He said that he was purely mentioning facts. He said Public Enterprises Portfolio Committee’s Ntuthuzelo Vanara had been offered a bribe, much like Mcebisi Jonas, the former deputy finance minister, but it did not amount to R600-million.
“To have someone bribe someone on behalf of a board member is quite a tragedy.”
Malusi Gigaba, the current finance minister, also came under fire from Gordhan. He accused him of not doing enough to talk former budget head Michael Sachs out of resigning from Treasury.
He called the occurrences in the institutions the ‘act of collaboration in sabotage’.
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