PRAVIN GORD­HAN

CityPress - - Business And Tenders -

PPROFILE:

ravin Gord­han is the in­cum­bent South African fi­nance min­is­ter, a job he held from 2009 to 2014 be­fore he was ap­pointed min­is­ter of co­op­er­a­tive gov­er­nance and tra­di­tional affairs. He held this post un­til De­cem­ber, when he was reap­pointed fi­nance min­is­ter in the middle of the month af­ter the pres­i­dent fired Nh­lanhla Nene and re­placed him, briefly, with a lit­tle-known ANC MP, David “Des” van Rooyen. Van Rooyen’s ap­point­ment sent the rand into free fall and there was an in­ter­na­tional and na­tional out­cry that led to Gord­han’s reap­point­ment.

He was the com­mis­sioner of the SA Rev­enue Ser­vice (Sars) from 1999 to 2009, the same post that Tom Moy­ane fills now.

WHAT WILL KEEP HIM IN HIS PO­SI­TION:

His track record as Sars com­mis­sioner, as well as his ten­ure as fi­nance min­is­ter. Dur­ing, in par­tic­u­lar, his pre­vi­ous stint in charge of Trea­sury, he built up re­spect and trust among in­vestors and busi­ness­peo­ple. Pres­i­dent Ja­cob Zuma would need to be very care­ful about choos­ing to side with Moy­ane and to fire Gord­han, as this would re­sult in a fur­ther shock that would add omi­nously to the events of De­cem­ber and has­ten the slide of the econ­omy into the abyss.

WHAT MIGHT GET HIM FIRED:

1His

re­la­tion­ship with Zuma. Gord­han comes across as a fairly in­de­pen­dent-minded fi­nance min­is­ter, not Zuma’s lackey. 2The

al­leged Sars “rogue unit”, which is ac­cused of hav­ing used il­le­gal meth­ods to gather in­for­ma­tion. A KPMG re­port, com­mis­sioned by Moy­ane, al­leges Gord­han was re­spon­si­ble for the unit.

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