Gordhan has become a national and economic liability – Ghaleb Cachalia

1-minute read
14 October 2023 | 08:45 CAT

Image: DA

South Africa’s President Cyril Ramaphosa has been urged to sack his “darling immediately”, Public Enterprises Minister Pravin Gordhan. That call is being made by Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises.

“Given the devastating report card by the Auditor General (A-G) on the financial performance of the Department of Public Enterprises (DPE) and the entities that report to it – Minister Pravin Gordhan’s resignation letter should have been on President Cyril Ramaphosa’s desk this morning,” Cachalia stated.

According to Cachalia, Gordhan collapsed the finances of the DPE after the A-G gave the Department a qualified audit outcome with findings. He has extended and mirrored this failure to State Owned Enterprises (SOEs) reporting to him, with 5 of the seven that said to him still needing to finalize their financial statements six months after the close of the financial year.

“Under Gordhan’s watch, South Africa’s has missed out the commodities boom due to Transnet freight rail challenges. This has robbed the national economy of billions of rand in potential income and robbed the fiscus of the much-needed export tax receipts. Gordhan has become a national and economic liability and should be fired immediately,” Cachalia stated.

Listen to the full interview on The Daily Round-Up with Moulana Junaid Kharsany.

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