* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, February 21, 2026
Earth-News
  • Home
  • Business
  • Entertainment

    Foxboro Denies Entertainment License Just Months Before World Cup Kickoff

    Wilmington Lights Up America’s 250th with Vibrant Art and Exciting Entertainment

    Josh Kesselman, Amy Zvi, and Katrina Escudero Strengthen Management Entertainment Team with Exciting New Additions

    NEED TO KNOW: Arts and culture news this week – The Frederick News-Post

    18 fun things to do in the Wilmington area this weekend – Wilmington Star-News

    Discover Can’t-Miss Arts and Entertainment Events Happening February 19 in Vallejo and Vacaville!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Why Local Governments Are Rapidly Adopting Blockchain Technology

    Revolutionizing Data Storage: Breakthroughs in Project Silica’s Glass Technology

    Discover the Future of Policing: Join the Community Town Hall on Cutting-Edge Technology

    Cutting-Edge Election Technology Takes Center Stage at Las Vegas Summit

    Uncover the Brain’s Hidden Protein Factories with Cutting-Edge Mapping Technology

    Discover the VISION EQXX: Mercedes-Benz’s Most Efficient Electric Vehicle Ever

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment

    Foxboro Denies Entertainment License Just Months Before World Cup Kickoff

    Wilmington Lights Up America’s 250th with Vibrant Art and Exciting Entertainment

    Josh Kesselman, Amy Zvi, and Katrina Escudero Strengthen Management Entertainment Team with Exciting New Additions

    NEED TO KNOW: Arts and culture news this week – The Frederick News-Post

    18 fun things to do in the Wilmington area this weekend – Wilmington Star-News

    Discover Can’t-Miss Arts and Entertainment Events Happening February 19 in Vallejo and Vacaville!

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology

    Why Local Governments Are Rapidly Adopting Blockchain Technology

    Revolutionizing Data Storage: Breakthroughs in Project Silica’s Glass Technology

    Discover the Future of Policing: Join the Community Town Hall on Cutting-Edge Technology

    Cutting-Edge Election Technology Takes Center Stage at Las Vegas Summit

    Uncover the Brain’s Hidden Protein Factories with Cutting-Edge Mapping Technology

    Discover the VISION EQXX: Mercedes-Benz’s Most Efficient Electric Vehicle Ever

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

Mr President, please sack your “Darling” – Ghaleb Cachalia

October 10, 2023
in Business
Mr President, please sack your “Darling” – Ghaleb Cachalia
Share on FacebookShare on Twitter

South Africa’s President Cyril Ramaphosa has been urged to immediately sack his “darling”, Public Enterprises Minister Pravin Gordhan. That call is being made by Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises. “In the private sector, if that was your responsibility, they would be holding your feet to the fire to say, deliver or go. And as he hasn’t delivered, they would show him the door.” However, Cachalia is not hopeful that the president will heed his call “…because he is the darling, if you like, the chief supporter of President Ramaphosa, there seems to be a lot of slack that’s cut for him.” Cachalia describes Gordhan as “a dutiful and faithful acolyte of the president”, and fears that the government will “let him run with some face-saving” until his term ends. However, he warns: “But his face will be saved while the country’s will be destroyed. That is the tragedy. And unless the president hears that – and acts on that, then the president is also culpable.” – Chris Steyn

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Watch here

Relevant timestamps from the interview

00:00 – Introduction
00:36 – On the performance of Minister Pravin Gordhan?
03:24 – An update on the board and executive at the major parastatals
07:38 – What hope do we have that minister Gordhan will be sacked?
08:19 – Conclusion

Listen here

Highlights from the interview

South Africa’s President Cyril Ramaphosa has been urged to immediately sack his “darling”, Public Enterprises Minister Pravin Gordhan.

That call is being made by Ghaleb Cachalia, the Democratic Alliance’s (DA’s) Shadow Minister of Public Enterprises.

Citing his reasons, Cachalia says: “Well, if I were to mark him an exam on this, I’d give him a resounding fail, because in all the time he has been there, everything has got worse…in outputs he’s done appallingly. In terms of governance, which is allied to outputs, he’s done worse.

“In the private sector, if that was your responsibility, they would be holding your feet to the fire to say, deliver or go. And as he hasn’t delivered, they would show him the door.”

However, Cachalia is not hopeful that the president will heed his call. “…because he is the darling, if you like, the chief supporter of President Ramaphosa, there seems to be a lot of slack that’s cut for him…He’s been a dutiful and faithful acolyte of the president, and they will cut him slack to let him run with some face-saving until his term ends.

“But his face will be saved while the country’s will be destroyed. That is the tragedy. And unless the president hears that and acts on that, then the president is also culpable.”

Another reason Minister Gordhan “will in all probability be cut slack” is because he’s not going to stand again as an MP.  “His ministry is going to disappear in any event. So maybe they’re saying, ah, you know, just leave it be. This ministry is going anyway, we’ll deal with it later. But you know what? In the interim, the country is suffering.”

Fuming about the “revolving door” of board members, CEOs and CFOs at the country’s collapsing parastatals, Cachalia says: “… the irony is that Minister Gordhan is the minister responsible for appointing these people in the first place. So he searches hard and far to find people and generally people who come from his own milieu, his protégés. He puts them in these particular positions.

“They’re destined to fail because of the policies he’s instituted, because of the various lack of governance or absurd governance that exists there and all sorts of other matters that were in his purview to truncate in terms of, shall we say, red tape and the like.

“They are destined to fail, even if they were competent. And I say even because most of them are not competent. However, they are then destined to fail. Then he points his finger at them and says, they must leave. Then members of the board…get fed up and say, I’m going to leave. And we have this absurd situation where we have a plethora of acting CEOs for lengthy periods of time…in our most crucial SOEs who are not able to deliver and don’t have the mandate to deliver.”

Commenting on the fact that even during the height of State Capture, Transnet was still able to keep the export industry going, Cachalia says:  “Well, that tells you a story without even expanding on it. I mean, just think about it. It’s hollowed out at the height of State Capture, but it’s managing to achieve what it is set out to do in terms of its mandate while it’s being hollowed out. So the financial constraints will come later. But the operational constraints were held in check and were being attended to. Come Minister Gordhan, the finances got worse, and the operational elements have got even worse. Now you have a double whammy and that’s the responsibility of the minister.”

Read also

Mr Gordhan “get a life”… Cachalia fumes over 7-month wait for new ESKOM CEO
Cachalia on new plan to fix ESKOM & “political interference” in maintenance schedule
Mashaba: Decriminalise prostitution, commercialise ESKOM, bury BEE… – and the “Better Devils” of the Multi-Party Charter…

Visited 8 times, 8 visit(s) today

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : BizNews – https://www.biznews.com/interviews/2023/10/10/president-sack-darling-ghaleb-cachalia

Tags: businessDarlingPresident
Previous Post

Local v Offshore: Piet, Magnus agree on portfolio structure, warn on marketing scams

Next Post

Bob Iger Found Disney in ‘Worse Shape’ Than He Expected, Now ‘Overwhelmed and Exhausted’ Bloomberg Reports

Warren Fly-Fisher’s New Novel Explores Ecology and Changing Tides

February 21, 2026

Science, Neurosoft partner on BCI tech – MassDevice

February 21, 2026

Deep-Sea Expedition Reveals Astonishing New Creatures Unknown to Science

February 21, 2026

Turn Up the Heat: Join Us for a Sizzling Evening at the Rotary Chili Supper!

February 21, 2026

US Travel Association Sounds Alarm on Visa Barriers Ahead of World Cup

February 21, 2026

IMF Sounds Alarm on Venezuela’s Deepening Economic Crisis and Escalating Humanitarian Emergency

February 21, 2026

Foxboro Denies Entertainment License Just Months Before World Cup Kickoff

February 21, 2026

Urgent Rabies Alert Issued for Osceola County – Stay Safe!

February 21, 2026

Inside the Supreme Court’s Game-Changing Decision on Trump’s Tariffs

February 21, 2026

Why Local Governments Are Rapidly Adopting Blockchain Technology

February 21, 2026

Categories

Archives

February 2026
M T W T F S S
 1
2345678
9101112131415
16171819202122
232425262728  
« Jan    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (1,083)
  • Economy (1,100)
  • Entertainment (21,977)
  • General (20,010)
  • Health (10,141)
  • Lifestyle (1,116)
  • News (22,149)
  • People (1,107)
  • Politics (1,117)
  • Science (16,315)
  • Sports (21,602)
  • Technology (16,082)
  • World (1,092)

Recent News

Warren Fly-Fisher’s New Novel Explores Ecology and Changing Tides

February 21, 2026

Science, Neurosoft partner on BCI tech – MassDevice

February 21, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version