Gordhan’s ousting and his replacement by Nene are not entirely unexpected. Gordhan has often been outspoken, as were his predecessors, who all wielded considerable power by virtue of their public declarations on financial mismanagement in the ANC led government, declarations uttered with predictable results.
It is probable that Nene has been groomed for this move and one wonders if he is going to be compliant member of cabinet who endorses the excesses of government, remains silent on them, or will he continue the slightly maverick course of his predecessors? One hopes for the latter but fears for the former.
As for Gordhan – why not just fire him from cabinet instead of demoting him to the circumcision and sangoma affairs portfolio, as described by one South African tweeter? Perhaps Gordhan’s position is a backstop, in case the appointment of Nene does not work out as planned? Also, perhaps, out of cabinet all together Goprdhan could pose some sort of a threat? Just keeping him close and available could be keeping the stopper on a genie’s lamp?
What isn’t speculation is that the finance ministry has always been a zone of calm, rationality and realism in otherwise questionable seas. Let us hope that Nene continues that tradition.
A Direct Democracy Forum administration will certainly include the likes of Gordhan and his predecessors and their predilection for rationality and the sensible use of taxpayers money, and with the application of TEAL in place of the hodge-podge of existing taxes, they will have a much more plentiful and reliable source of funds for them to realise their visions.