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Reshuffle, ratings and recoveries – KPMG takes a closer look

06 April 2017

On 30 March 2017, President Jacob Zuma announced a reshuffle of his Cabinet. Across the country, South Africans united behind the idea that there was little merit in these changes. Even African National Congress (ANC) Secretary General Gwede Mantashe expressed discomfort with the fact that well-performing ministers were removed from Cabinet while underperforming ministers were left in the executive. Specifically, there was widespread outrage about the dismissal of Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, with ANC Deputy President Cyril Ramaphosa saying that this was “unacceptable”.

South Africa: Speculative status looms after the controversial cabinet reshuffle

04 April 2017

On March 30th, after a week of speculation on Pravin Gordhan’s future, Jacob Zuma, South African president, sacked his Finance Minister in a cabinet reshuffle.

A new era for South Africa’s treasury

03 April 2017

South African President, Jacob Zuma, has decided to remove the Finance Minister Pravin Gordhan and his deputy, Mcebisi Jonas, from their posts. Minister Malusi Gigaba, who led the home affairs ministry has been appointed as the new Finance Minister with Sifiso Buthelezi, a member of parliament, as his deputy. While the two officials are not strangers to public office, they have not served at the National Treasury before.

Are we in a freefall to junk?

03 April 2017

After days of speculation, and urgent pleas for President Jacob Zuma to cast aside his impasse with Finance Minister Pravin Gordhan, Zuma fired Gordhan and Deputy Finance Minister Mcebisi Jonas in what the media is labelling the Night of the Long Knives.

quick poll

Question

Do you think short-term insurance broking will survive the AI plus humanoid robotics age?

Answer

Human first always Not a chance Possibly maybe Yes, but reimagined

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