• Skip to main content
  • Skip to footer
  • Home
  • About
    • MyPE Copyright Terms
    • Authors
    • Deals
  • Info
    • Accommodation
    • Classified Adverts
    • Directory
    • Essential PE Numbers
    • Flight Schedules
    • Forex Converter
    • PE’s Online Radio Stations
      • Algoa FM
      • Bay FM
      • iFM
      • Kingfisher FM
      • MannMade Radio
      • Madibaz Radio
      • Umhlobo Wenene
    • Podcasts
    • Shipping
    • Street Map
    • Tides
    • Ward Details
    • Ward News
    • Weather
  • Contact
    • Advertising on MyPE
  • Submit
    • Blogger
    • 5 Quick PE Questions
    • Entertainment
    • Events
      • Add your Port Elizabeth event
    • Letter to the Editor
    • Lost and Found
    • Movers and Shakers
    • News Article
    • PE Videos
    • Photographs
    • Recipes
    • Traffic Hooligan
    • Say NO
  • Dam Levels
  • Advertorial
  • Business
  • NMBRA
  • NMB Rates
MyPE

MyPE

Community Business Directory, Event Listings, News and Views from Gqeberha, Nelson Mandela Bay

Thanks for Resigning Nhlanhla Nene

9 October 2018 By Alan Straton

The Organisation Undoing Tax Abuse (OUTA) welcomes the decision by President Cyril Ramaphosa, to accept the resignation of Finance Minister Nhlanhla Nene.

OUTA commends Minister Nene on tendering his resignation, following concerns raised around his admissions relating to misleading the public, during his testimony at the State Capture Inquiry.

During his tenure as Minister of finance, Nene showed courage by standing up against Jacob Zuma’s decisions to force irrational and costly decisions related to the controversial nuclear and SAA finance deals onto the taxpayer. Minister Nene must be remembered for his courage and good work whilst serving South Africa under difficult circumstances.

Offering to resign is a testiment of Nene’s character despite errors of judgement during his tenure. By doing so, Mr Nene has set a new benchmark of what society expects from Government leadership. Furthermore, President Ramaphosa has also sent a strong message and set a new benchmark that civil society can expect of him, as he tackles corruption and the abuse of power in positions of his leadership. We hope that other Ministers, a number of whom OUTA has laid charges against, follow Nene’s example and also tender their resignations.

“We would like to welcome the new Minister of Finance, Mr Tito Mboweni and wish him every success in his role which comes at a critical time in our economy,” says Wayne Duvenage, OUTA’s CEO. “Mr Mboweni has a the credentials and experience to serve South Africa well in this position.”

The following two tabs change content below.
  • Bio
  • Latest Posts
My Twitter profileMy Facebook profileMy Google+ profileMy LinkedIn profileMy Flickr profileMy Pinterest profile

Alan Straton

Chief Cook, Bottle Washer and Broom Mechanic at MyPE
Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die." See more articles by Alan.
My Twitter profileMy Facebook profileMy Google+ profileMy LinkedIn profileMy Flickr profileMy Pinterest profile

Latest posts by Alan Straton (see all)

  • If AI Can Now Do the Work, Who Checks the Work? - 29 September 2026
  • UK Music Titans Marc Marot & Jeremy Marsh Join #MEX26 in Cape Town - 29 September 2026
  • The Countdown On – Mind Matters Is Taking Over Cape Town Before Taking the Conversation Global - 28 September 2026
  • BurnesSEO Study Finds South African Small Businesses Invisible in AI Search Results - 28 September 2026
  • BurnesSEO Study Finds South African Small Businesses Invisible in AI Search Results - 28 September 2026

Filed Under: Business Tagged With: nhlanhla nene

Footer

RSS Straton Electrical

  • Open Cycle Gas Turbine Usage
  • Flattening the curve – What Every Solar Installer Needs to Know
  • Why you shouldn’t leave a charger plugged in when not in use
  • How do I check if an Electrician is properly registered in South Africa?
  • Easy Electrical Troubleshooting for Humans
  • Water – If You Cannot Measure It Then You Cannot Manage It
  • Tips To Survive Loadshedding
  • Eskom’s Top 50 Electricity Saving Tips

RSS MyPE Business News

  • NMBBC On Budget 2025
  • Leading Business Minds Set to Headline Chambers Annual General Meeting
  • Bay of Opportunity Portal
  • Bay of Opportunity Ambassadors Programme to Promote the Bay and Attract Investment
  • 6 Decades of Trucking
  • Thermal Camera Installed at Redhouse Substation
  • Finalist in the 2025 South African Car of the Year
  • Joining hands to create a lasting impact to St Albans Primary School

RSS MyPR Press Releases

  • AutoTrader Reports Softer August Sales as Average Used Car Price Falls
  • TechMarkit Market Analysis Identifies Key Factors Influencing Escalating Laptop Prices in South Africa
  • Broadway Sweets Publishes Industry Guidelines for Evaluating Wholesale Sweets Suppliers in South Africa
  • Metalcross Outlines the Timeline and Cost Implications of an Unrepaired Car Scratch
  • A Wild Family Adventure Awaits at Lion & Safari Park These School Holidays

How you may use MyPE content © 2026 MyPE · Gqeberha, South Africa | Privacy Policy | MyPE Ads and Media Kit