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South Africa’s Zuma says reaction to sacking finance minister “an exaggeration”
2:21 CAT | 11 Jan 2016
Reuters / South Africa's President Jacob Zuma speaks during his visit to the Lodewyk P. Spies Old Age Home in Eersterust, Pretoria, December 15, 2015.
South Africa’s President Jacob Zuma said the reaction to his decision to sack Nhlanhla Nene as finance minister in December had been an exaggeration.
The president last month changed finance ministers twice in a week, sending the rand plummeting, alarming investors and triggering financial turmoil.
“I think there was an exaggeration in terms of the reaction,” Zuma told ENCA television in an interview aired on Sunday, without going into further details.
Source: Reuters
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