Godongwana: 10% chance of Ramaphosa resigning | Business

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Should President Cyril Ramaphosa resign, economic policy won’t change, Finance Minister Enoch Godongwana said, while stressing that he expects him to stay in his post. | News24_Business

“Any president is not going to pursue individualistic polices outside the framework of the party,” Godongwana said in an interview with Bloomberg Television on Friday. Economic measures that will be announced in the February budget will follow on from last month’s budget update, he said.

The day after the findings were released, the nation’s currency posted its worst one-day loss since May while the government’s borrowing costs surged the most since 2015. The price of South African five-year credit default swaps climbed by the most since March 2020, indicating investor nervousness about political instability.

“We are used to this kind of disruption and we have always found ways of managing it,” Godongwana said. “It’s noisy, it is our nation.”

 

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_Business Not according to GwedeMantashe1

_Business Lol, you wish.

_Business I'm resigning from voting ANC if Cyril resigns

_Business Eh unless if he owns the anc

_Business

_Business Ministers should think about South Africans and not their positions Ramaphosa must step aside

_Business So you're supporting Crooks?

_Business How is his case going, you should be asking those tough questions

_Business Really?,why dont you join him and go

_Business These brave words will last but 24 hours into the new incumbent’s reign.

_Business I don’t know about that because iimigodoyi are hungry!

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