* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Saturday, June 21, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    ‘Gangs of London’ Producer Explains Season 3 Deaths, Hypes Season 4 – Citizen Tribune

    Gangs of London’ Producer Reveals Shocking Season 3 Deaths and Teases Exciting Season 4

  • 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
    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    $1 Billion Problem: New Technology Could Save Your Daily Cup of Coffee – SciTechDaily

    The $1 Billion Challenge: How New Technology Could Rescue Your Daily Cup of Coffee

    Canada’s construction industry gets serious about investing in technology as pressure mounts to do more with less – Yahoo Finance

    Canada’s Construction Industry Accelerates Tech Investments to Overcome Growing Challenges and Boost Efficiency

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Get the lead out: Putting new at-home lead testing technology to the test | Denver7 Investigates – Denver7

    Putting the Latest At-Home Lead Testing Technology to the Ultimate Test

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    ‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

    Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

    ‘Wheel of Fortune’: Amputee Wins $60,000 After Breaking Incredible ‘Curse’ – Hastings Tribune

    Wheel of Fortune’ Amputee Breaks Incredible ‘Curse’ to Win $60,000!

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    North Star Sports & Entertainment Network: Coming soon – KTTC News

    Safety concerns in Deep Ellum create apprehension as the entertainment district gains visitors – CBS News

    Safety Concerns Surge Amid Deep Ellum’s Booming Popularity and Growing Crowds

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    Elisabeth Moss’ ‘Handmaid’s Tale’ Emmy chances, by the numbers – Yahoo

    ‘Gangs of London’ Producer Explains Season 3 Deaths, Hypes Season 4 – Citizen Tribune

    Gangs of London’ Producer Reveals Shocking Season 3 Deaths and Teases Exciting Season 4

  • 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
    Tech Champions with Leo Bletnitsky of Healthy Technology Solutions – Buzz Media Group

    Meet Tech Champion Leo Bletnitsky of Healthy Technology Solutions

    Crypto’s true revolution is about humanity, not technology – Cointelegraph

    Crypto’s Real Revolution: Transforming Humanity Beyond Technology

    $1 Billion Problem: New Technology Could Save Your Daily Cup of Coffee – SciTechDaily

    The $1 Billion Challenge: How New Technology Could Rescue Your Daily Cup of Coffee

    Canada’s construction industry gets serious about investing in technology as pressure mounts to do more with less – Yahoo Finance

    Canada’s Construction Industry Accelerates Tech Investments to Overcome Growing Challenges and Boost Efficiency

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Workforce Technology Eases Staffing Shortages in Rural Health Care – AJMC

    Get the lead out: Putting new at-home lead testing technology to the test | Denver7 Investigates – Denver7

    Putting the Latest At-Home Lead Testing Technology to the Ultimate Test

    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

Should You Buy Micron Technology Stock Before June 25? – The Motley Fool

Is Now the Perfect Moment to Invest in Micron Technology Before June 25?

June 21, 2025
Today’s NYT Connections: Sports Edition Hints and Answers for June 21, #271 – CNET

Today’s NYT Connections: Sports Edition Hints and Answers for June 21, #271 – CNET

June 21, 2025
Identifying ecological thresholds from functional traits for optimal ecosystem management – Nature

Unlocking Ecological Thresholds Through Functional Traits for Smarter Ecosystem Management

June 21, 2025
Speed-snap science: Solving for molecular details in a flash – Phys.org

Speed-Snap Science: Unlocking Molecular Secrets in a Flash

June 21, 2025
Fish Suffer Up to 22 Minutes of Intense Pain When Taken Out of Water – ScienceAlert

Fish Suffer Up to 22 Minutes of Intense Pain When Taken Out of Water – ScienceAlert

June 21, 2025
Brief Use of CGM May Enhance Lifestyle Awareness in T2D – Medscape

Brief Use of CGM May Enhance Lifestyle Awareness in T2D – Medscape

June 21, 2025
FIFA Club World Cup 2025: Botafogo stuns PSG, 1-0, in tournament’s first major upset – Yahoo Sports

Botafogo Stuns PSG with a Stunning 1-0 Triumph in FIFA Club World Cup 2025’s Biggest Upset

June 21, 2025
Study: Mass Deportations Would Cost California Economy $275 Billion, Decimate Critical Industries – University of California, Merced

Study: Mass Deportations Would Cost California Economy $275 Billion, Decimate Critical Industries – University of California, Merced

June 21, 2025
‘Puttin’ on the Ritz’: Civic Players bring ‘Young Frankenstein’ to life – Yahoo

Civic Players Deliver a Hilarious and Unforgettable Performance of ‘Young Frankenstein

June 21, 2025
Economics Student Studying Maternal Health Earns National Fellowship – Georgia State University News

Economics Student Studying Maternal Health Earns National Fellowship – Georgia State University News

June 21, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
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 (695)
  • Economy (709)
  • Entertainment (21,610)
  • General (15,490)
  • Health (9,750)
  • Lifestyle (715)
  • News (22,149)
  • People (712)
  • Politics (716)
  • Science (15,929)
  • Sports (21,206)
  • Technology (15,695)
  • World (689)

Recent News

Should You Buy Micron Technology Stock Before June 25? – The Motley Fool

Is Now the Perfect Moment to Invest in Micron Technology Before June 25?

June 21, 2025
Today’s NYT Connections: Sports Edition Hints and Answers for June 21, #271 – CNET

Today’s NYT Connections: Sports Edition Hints and Answers for June 21, #271 – CNET

June 21, 2025
  • 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