Nontando Mafanya
10 December 2015
Economist Dawie Roodt says he is stunned by President Jacob Zumas pointing Nhlanhla
Nene as new Finance Minister. In a statement Zuma says Nene had done
well during a difficult economic climate.
He has been replaced by David van Rooyen. Roodt says Zuma chose the
worst possible time to make the move
Roodt Recession says… “The rand went to the lowest ever than the US Dollar that will mean
that we have even more inflation rate.”
“We
wanna know especially food inflation
will be much high that it is at the
moment. It is very good possibility even that
the south African economic
recession rate.”
“Not
only a matter of pointing new minister
of finance. It is appointing somebody
that is got key position in cabinet and
somebody that is very very much needed especial this time.”
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