Ramaphosa to make statement on Nene

9th October 2018

By: Reuters

  

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President Cyril Ramaphosa will make a statement on the fate of Finance Minister Nhlanhla Nene on Tuesday at 16:30, his office said, sending the rand firmer.

Nene is facing calls to resign after he admitted to visiting the Gupta brothers, friends of scandal-plagued former leader Jacob Zuma who have been accused of corruption, and failed to disclose the meetings earlier.

Zuma and the Guptas have denied any wrongdoing.

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Edited by Reuters

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