Media is creating impression that Phala Phala saga causing economic instability: Godongwana - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Finance Minister Enoch Godongwana says should President Cyril Ramaphosa resign, the country’s economic policy won’t change. PhalaPhalaFarmGate ANCNEC

Finance Minister Enoch Godongwana at an event

The rand and government bond prices fell sharply on Thursday as investors digested news that Ramaphosa may be impeached following a panel of experts’ findings against him. “The stability has never been affected, it’s only you who are impacting a sense of instability. But the rand was affected, it was because you guys are creating an impression that there’s instability. I explained the rand moved from R17.60 to R17.35. I’m not saying there’s no leadership instability. From 2005 we’ve been having a crisis of this nature and it has never impacted on the micro variables and the stability of the economy.

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 /  🏆 37. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

says mr phatha phatha

Our Economy changes nor changes, Our Country hangs in the balance of the Investors, and the is no such Saga Phala Phala saga causing economic instability, our Economy instability since however, we're not getting cold feet - if Ramaphosa resign, let it be...he got what he deserve

Yes it won't, however Our Economy depends on our investors, it is them to decide whether sustain or carry on. And remember South Africans President Ramaphosa is favoured by white monopoly capital as such, the ANC it's self will never take the country forward... thanks

No, they 'sexual predator' is just scared that he's going to loose his job! He must just concern himself with some psychotherapy that will help him not *fondle * masseuse next time!

For how? For for the black’s elite and whites …because for ordinary black Africans, CR does not care about them..he has done nothing for them

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