MINISTER OF FINANCE PRAVIN GORDHAN IS RE-APPOINTED

Publication Date: 14/12/2015

MEDIA RELEASE
14 December 2015

The Banking Association South Africa commends President Zuma for listening to the public and recognising the impact of removing Minister Nene and replacing him with somebody unknown to markets and key constituencies.

Cas Coovadia, Managing Director of The Banking Association South Africa said “The re-appointment of Pravin Gordhan is very welcome and the banking industry commits to work with him to address the impact of the original decision”.

We call on Minister Gordhan to move speedily to rebuild confidence and assure investors that we will continue on the path of fiscal discipline, certainty, consistency and promotion of an environment for job-creating investment.