Nene optimistic about future of SA’s economy

The former finance minister says he believes there are competent people running the country's affairs.

FILE: Former Finance Minister Nhlanhla Nene. Picture: GCIS.

JOHANNESBURG - Former Finance Minister Nhlanhla Nene says he's still optimistic about the future of the economy.

Nene was fired as Finance minister by President Jacob Zuma last December in a move that saw the rand losing significant value.

Des Van Rooyen, who is now Co-operative Governance and Traditional Affairs Minister, was appointed to replace Nene, but only spent a few days in office before being moved to the department he's now in.

Pravin Gordhan was then reappointed to the post.

Nene says despite the country's economic woes, he remains optimistic.

"The country is in good hands. We have a very resilient economy. The fundamentals are right. We have a National Development Plan that government is committed to. I think we have a lot of well-meaning men and women charged with running the affairs of the country."