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Finance minister’s IMF trip eases fears over his future

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Finance minister,?Nhlanhla Nene is traveling to Indonesia with an International Monetary Fund (IMF) meeting, the Treasury said on Tuesday, your firm stand out which may soothe markets each day following a media say that he previously asked obama to sack him.

The rand fell a few percent on Monday when Working day reported that Nhlanhla Nene had made the request after acknowledging he’d visited the Gupta family, friends of former leader Jacob Zuma charged with unfairly winning state contracts.

Both Zuma additionally, the Guptas have denied any wrongdoing.

Nene, who publicly apologised due to previously reporting the appointments with the Gupta brothers, has never made any statements confirming or denying this business Day report. The president’s spokeswoman told Reuters his office isn’t mindful of any such request from Nene.

Treasury spokesman Jabulani Sikhakhane said the finance minister was likely arrive in Indonesia on Wednesday. Nene as a result of read the mid-term budget later this month.?

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