EFF’s Shivambu as finance minister is ‘formula for looting’

  • 📰 TheSAnews
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 59%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Gwede Mantashe stated that in areas where he holds influence, he would never approve Floyd Shivambu as minister of finance.

Gwede Mantashe, the African National Congress national chairperson, emphasised that in areas where he holds influence and during his tenure, he would never endorse Floyd Shivambu, the EFF’s deputy president, to serve as Minister of Finance.Following an interview with Onkgopotse “JJ” Tabane’s Frank Dialogue, EFF leader Julius Malema proposed that his party could only consider sharing votes with the ANC under the condition that they appoint Shivambu as the finance minister.

Mantashe stated, “Where I have influence, I will never accept Floyd as a minister of finance because that is an outright formula for looting.”Mantashe, known for his vocal confidence in the ANC’s victory in the 2024 national and provincial elections, emphasised that the ANC has no intention of forming a coalition government with any other party.

indicated that the EFF would consider forming a cooperative relationship with the ANC, expected to suffer electoral defeat, on the condition that EFF deputy president Floyd Shivambu assumes the role of finance minister and leads the National Treasury. During this time, he has played a crucial role in overseeing substantial reforms within the financial sector.

Additionally, his input has played a role in developing the Financial Matters Amendment Bill, which facilitates state-owned companies’ ability to obtain a commercial banking license. Matshego highlights the EFF’s stipulation that, for coalition participation, the finance minister must originate from their party as a concerning factor. He expressed these concerns during a presentation at a Nedgroup Investments event in Johannesburg.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 25. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

ActionSA's Trollip says EFF wants Shivambu as finance minister so they can ‘steal’The ActionSA Eastern Cape chairperson said coalitions had become transactional deals to satisfy politics of the stomach
Herkunft: mailandguardian - 🏆 2. / 92 Weiterlesen »

The EFF’s Floyd Shivambu as finance minister would ‘really spook the markets’Although it seems highly unlikely EFF deputy president Floyd Shivambu will become finance minister, SA would take a financial knock if he did.
Herkunft: dailymaverick - 🏆 3. / 84 Weiterlesen »

'Make Floyd Shivambu the finance minister': Malema states demand for coalition with ANC'Make Floyd Shivambu the finance minister': Malema states demand for coalition with ANC
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »