Ramaphosa to make an announcement on Nene’s fate ‘soon’ – Presidency

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President Cyril Ramaphosa is enthusiastic about the uncertainty being created within the monetary markets round the fate of Finance Minister Nhlanhla Nene, his spokesperson acknowledged on Tuesday.

Speaking to News24, Ramaphosa’s spokesperson Khusela Diko acknowledged Ramaphosa would make an announcement on Nene’s fate “soon”.

She did now not disclose when the announcement would happen.

Diko acknowledged the president was scared about the implications for the country’s “economic recovery and steadiness”.

She confirmed that Ramaphosa and Nene had “engaged” on his testimony at the narrate purchase commission of inquiry, for the duration of which he acknowledged that he had met with the Gupta family on several instances.

“The president is clearly enthusiastic about the uncertainty created within the monetary markets, and the implications for the commercial recovery and steadiness of the nation. He is applying his mind to the complications,” she acknowledged.

On Monday, News24 reported that Nene requested Ramaphosa to help him of his responsibilities. Change Day additionally reported this.

Read: Nene asks Ramaphosa to help him of his establish – mumble

On Friday, Nene apologised for his visits to the Gupta family, and acknowledged he would possibly perhaps also still possess been upfront about them sooner.

Read extra: Nene: I’m sorry, I was horrible in assembly the Guptas

An official told News24 on Monday that the engagement between the minister and the president occurred telephonically. Diko acknowledged the president had been “briefed” on Nene’s testimony and acknowledged the 2 had engaged on larger than one occasion over the subject.

There possess been calls for Nene to resign over his testimony, particularly from the EFF, which known as his testimony a “dismay level to”.

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