Nene’s ‘gardening leave’ coming to an end soon

Former Finance Minister Nhlanhla Nene is keeping mum over his new appointment in the private sector.

Four months after his surprise firing by President Jacob Zuma – which caused turmoil in the markets and a far-reaching political crisis for the African National Congress — Nene told eNCA that he is moving on.

Nene told the broadcaster that it was not “wise” to talk about future employment before actually being employed as that would “jump the gun”‚ but did quip that his “gardening leave” is coming to an end soon.

Nene also expressed shock at the fact that his axing‚ and replacement by an unknown‚ Des van Rooyen‚ had such an extensive impact on the economy.

“We are in a global economic village and whatever happens in our country will have an impact in the markets‚ and of course I was surprised by the magnitude because I would have thought that‚ as a mere mortal‚ it would‚ even if there was a movement in the markets‚ it would be something that would be short-lived‚ but indeed I was a bit taken aback”‚ he told eNCA.

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