Fin24 reports that the Federation of Unions of SA (Fedusa) has launched a blistering attack on the Presidency and the ANC after President Jacob Zuma abruptly halted an overseas roadshow led by Finance Minister Pravin Gordhan.
Fedusa was the only trade union federation invited by Gordhan to participate in the roadshow. It was aimed at engaging and updating current and potential investors in SA on economic developments, fiscal outlook, monetary policy and other related matters. "What is so important that it cannot wait? Sometimes the Presidency wants to create its own crisis,” Fedusa general secretary Dennis George said. He stated that similarly a crisis was created when former finance minister Nhlanlhe Nene was unceremoniously axed in December 2015, creating turmoil in the markets. George also said that a financial or economic crisis could move towards a constitutional crisis.
- Read this report by Adiel Ismail and Mahlatse Gallens in full at Fin24
- See too, Fedusa criticises recalling of Gordhan from road show, at SABC News
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