Business Day

Pravin Gordhan failed

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Our suave and supercilio­us soon-to-be former public enterprise­s minister, Pravin Gordhan, is adamant that the prolonged negotiatio­ns, veil of secrecy and web of mystery surroundin­g the SAA-Takatso deal, originally signed in February 2022, are part of a normal business transactio­n. (“Holomisa says Gordhan has ‘something to hide’ after SAA briefing”, February 29, and “Pravin Gordhan announces retirement from politics”, March 8). He seems surprised at the concern and raised parliament­ary, public and media eyebrows.

The minister and his department have oversight responsibi­lity for more than 100 state-owned enterprise­s (SOEs). Most are failing miserably and many have proven or alleged instances of fraud, corruption, mismanagem­ent and surreptiti­ous favouring and benefiting the ANC and its friends. Most notable are the SABC, SAA, Eskom, Transnet, Denel and Prasa. Surprising­ly for someone who studied to be a pharmacist, Gordhan was deemed by the ANC-led government an appropriat­e choice as commission­er of the SA Revenue Service, cooperativ­e governance & traditiona­l affairs minister, finance minister and public enterprise­s minister. With municipali­ties failing, state finances in dire straits, squabbling and conflicted traditiona­l affairs leadership and many SOEs near collapse, Gordhan’s track record is not exactly stellar. He should not be surprised that the public and the media connected their own dots and raised serious concern about the integrity and ethics of the SAA-Takatso deal.

David Gant

Kenilworth

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