Retro back with sacking of Gordhan by Zuma!
President Jacob Zuma of the African National Congress doesn’t like making things easy or to say the proper way. His affairs and his acts as a leader is Stalinisque and authoritarian, not acting as a democratic leader. That can be said the way he stifled the courts, used private business connections and used his role as President to get-a-jail-free-card. That is just the way of Zuma and his close friends. They buy and trade on government contracts and get favors. Certainly been the way since the Anglo-Leasing scandal and that one should still hunt President Zuma, but the cases that has followed it since, it must seem like a life-time ago.
In December 2015, there was enough chaos within the Finance Ministry as Nhlanhla Nene we’re fired and for a few days David Van Rooyen was appointed, that lead to a melt-down and shock of the economy. Therefore the President was forced to let it go and he hired Pravin Gordhan. That happen within a week in December in 2015. So Finance Minister Gordhan has been in position for 16 months. Other candidates for the position came forward to the media and said they had been at the Gupta family estate and we’re offered the Ministry at the time, before Gordhan was appointed. Therefore, the Gupta family control of Zuma Administration is easy to see.
The scandals involving companies run and owned by the Gupta family is happening frequently, as Eskom contracts and Tegeta agreements that overpays for bad coal-quality and empties the state coffers. This is sort of arrangements that the RSA government have accepted when doing business with Gupta associates. Therefore, that the Finance Minister get into hot water.
This can be said with the sudden axing when the Ministry of Finance didn’t accept the takeover of Habib Overseas Bank from the Vardospan Bank. Today the South African Reserve Bank (SARB) and Finance Minister said to the purchase today and the bank buying the other is by all means connected to the businesses of the Gupta. Therefore, the Zuma Administration wants to facilitate it. Just like they have done with Energy businesses and all the other Gupta involved scandals following the ANC and Zuma.
Zuma has enforced and ensured transactions that is profitable and traded so he could get cuts and jobs for family members through the Gupta businesses. Not through merit, but by the knowledge that Zuma will be payed off if he gets a grand deal to the Gupta Empire. That is now the Modus Operandi of his government to facilitate the Gupta Family. If not, why would Ministers fall for acting against Gupta owned property?
That has happen before and the reasons for stopping Nene Nhlanhla hand in the Finance Ministry was for his act to stop another financial transaction of a nuclear deal between Gupta companies, South African Companies and the Russian counterparts. That wasn’t something the then Finance Minister Nhlanhla wanted to see or believed would be plausible to happen without corrupt behavior.
Now today, the third Finance Minister of December 2015 Pravin Gordhan has also faced the axe and it follows a pattern. When the Ministry question Financial Transactions and Contracts involving the Gupta Empire and Gupta Family, than it should just nod and wave; not stop and say “no”. If you say no than the Zuma administration will replace you, their loyalty isn’t to accountability or transparency, it is to the Gupta’s. That is the State of Capture in South Africa. That the South African President is so weak that he has traded his soul for silvers from investors instead of good governance and due diligence.
That is why this is happening now:
“Johannesburg – President Jacob Zuma fired Finance Minister Pravin Gordhan and eight other cabinet members in a high-stakes power play that may threaten his own presidency and place the nation’s investment grade credit rating at risk. Gordhan was replaced by Home Affairs Minister Malusi Gigaba, who has no financial or business experience, while ANC MP Sfiso Buthelezi takes over from Mcebisi Jonas as deputy finance minister” (CPR Worldwide Media – SA, 30.03.2017).
So if you wonder what South African government is passing through, they are going through the 2015 on rewind, as the Zuma Administration put another Gupta stooge as Finance Minister; instead of David Van Rooyen, it is now Malusi Gigaba. Hon. Gigaba would never question any deal that the Gupta’s need or Zuma orders. He will follow the orders and acts upon the trust he got by Zuma. Therefore, don’t expect that the RSA government will be accountable or have stable economy for a while. Especially when a they finally got their Gupta stooge as a Finance Minister. It took 16 months, but is now achieved and the Oakbay Resources execs must feel like their high. Peace.