Zuma's sacking of Nene left Treasury in shock, state capture inquiry told
Nhlanhla Nene was fired in 2015 and replaced by Des Van Rooyan, a move which sent markets into a tailspin.
JOHANNESBURG – Former chief director of communications at National Treasury Phumza Macanda has described the mood at the institution on the morning after Nhlanhla Nene was fired, saying that there was a sense of mourning and confusion.
Macanda is testifying at the state capture commission.
Nene was fired in 2015 and replaced by Des Van Rooyan, a move which sent markets into a tailspin.
It forced the then-President Jacob Zuma to reappoint Pravin Gordhan to the finance ministry.
Macanda says many Treasury employees were confused after Nene was fired.
“We were in shock. There was almost a sense of mourning within Treasury that morning. A lot of us did not know what to make sense of the developments, we were really in shock and we were just standing around, talking to each other.”
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(Edited by Leeto M Khoza)