Thursday, June 20, 2013

Gordhan: SA needs to know about Nkandla spending

Finance Minister Pravin Gordhan says he hopes the details of the spending on Jacob Zuma's Nkandla homestead in Kwazulu-Natal will be released to the public soon.
A report on spending on Nkandla is currently being considered in Parliament, albeit behind closed doors, following an investigation by the Department of Public Works and other government agencies.

It comes after more than R200 million of taxpayers’ money was spent on renovations at the KwaZulu-Natal homestead.

Speaking to Talk Radio 702's John Robbie on Thursday morning, Gordhan said there are three crucial questions which need to be answered.

“There are further investigative processes and from a government point of view we want to know who overcharged, to what extent and how do we recover the money. I hope my colleagues can give those facts to the public soon.”

Gordhan also spoke about the country's troubles in the mining sector.

He said while government would continue to consult role players in the mining industry it was important to assure investors that the country's economy was not in turmoil.

Gordhan is part of a government intervention led by Deputy President Kgalema Motlanthe to stabilise the industry and crackdown on union violence.

The minister said they've made progress in getting unions and mining houses to start discussions.

He added that police, private security companies and trade unions had to ensure a peace and stability accord was implemented.

“At the end of the day we all lose if this is the picture that the world constantly gets of South Africa. We might think we’re having robust debates and criticising each other but people sitting 10,000 kilometres away are asking questions about the kind of country South Africa is," Gordhan remarked.

- EWN

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