Nenegate: One year on
Updated | By JacarandaFM News
Exactly a year ago, President Jacob Zuma announced the removal of Nhlanhla Nene as Minister of Finance.

The announcement sent the rand into a tailspin and cost the country an estimated R50 billion.
The financial cost and fears of a credit ratings downgrade to junk status sparked calls for the president to resign.
Nene was replaced by Des van Rooyen - before he in turn was replaced a few days later by Pravin Gordhan, who had previously - and currently - controls the public purse.
Chief economist from Econometrix, Azaar Jarmine says the economy, particularly the rand, has improved, despite the severe blow.
"The rand is now some 9% percent stronger than it was at the time Nhlanhla Nene was fired," says Jarmine.
Show's Stories
-
Dad tries to have honest conversation with his 2-year-old
"I just wanted to have a conversation with you today...This morning you ...
The Workzone with Alex Jay an hour ago -
Winter playground returns to Melrose Arch
Take the kids out this weekend, visit the Melrose Arch Winter playground...
The Workzone with Elana Afrika-Bredenkamp an hour ago