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'Gordhan will secure investor confidence'

Monday, 14 December 2015, 11:53
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'Gordhan will secure investor confidence'
Pravin Gordhan
NATIONAL NEWS - The South African Banking Association (Saba) says it will now work with Finance Minister Pravin Gordhan to reassure investors locally and abroad that the country remains committed to fiscal discipline.

Last night President Jacob Zuma announced Gordhan and David van Rooyen, who succeeded former finance minister Nhlanhla Nene, had swapped portfolios.

The rand slumped to record levels following Zuma’s decision last week when he removed Nene.

Gordhan is due to address the public this afternoon.

Saba’s Cas Coovadia says Gordhan’s track record will help secure investor confidence following a turbulent week for the economy.
 

Read more about: finance minister pravin gordhan finances

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