Cape Times

Gigaba: I’m not resigning. I’m not going anywhere

- Jonisayi Maromo African News Agency

PRETORIA: Finance Minister Malusi Gigaba vowed yesterday that he was not quitting his new position amidst anxiety following a decision by Standard and Poor’s (S&P) to downgrade South Africa’s credit rating to junk status.

“‘‘I’m not resigning. I’m not going anywhere,” Gigaba told journalist­s at the National Treasury in Pretoria.

“I have a job that I have been assigned by the leadership of the movement and by the president of the country.

“This is not personal. My assessment is that those who are not happy, they are not happy about the process relating to the change in the executive rather than the qualities of the people appointed.

“It’s not personal really. I don’t want to attribute it to myself or anything.”

Gigaba was also asked if he had a relationsh­ip, or if he has spent time with the controvers­ial Gupta family.

He responded: “I have answered this question many times.

“I have even answered it in Parliament.

‘‘Have I met them, I’m sure many of you also have at TNA/SABC breakfast briefings, or come across them at one point or the other.

“The same has happened to me. I have met a number of business people at various places for a variety of reasons.”

He emphasised that “meeting somebody does not mean that they have an impact on your decisions”.

Gigaba said the decisions he makes are purely his.

“Ultimately, I take my own decisions.

“I think probably by now you should know that.

“So yes, I have met them (the Guptas). I have been invited a couple of times to Diwali celebratio­ns as I have attended other religious and cultural events at homes of other business people.

“So to be honest, those things do not impact on my ability to take credible decisions about my work.”

Calls for President Jacob Zuma to resign have been mounting since the downgrade on Monday.

Another rating agency, Moody’s, announced yesterday that it has placed the country’s creditwort­hiness on review.

Zuma fired finance minister Pravin Gordhan and replaced him with Gigaba late on Thursday night.

Gordhan’s deputy, Mcebisi Jonas, was also replaced in a wide-ranging cabinet reshuffle.

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MALUSI GIGABA

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