CDE strongly condemns the firing of the Minister and Deputy Minister of Finance. This is clearly an assault on the National Treasury with the goal of making possible further looting of public resources. This action and the manner in which it was done threatens to inflict enormous damage on South Africa’s economy and governance. In the absence of an effective response, economic growth and job creation are likely to collapse.

CDE stands with all those individuals and organisations who oppose this attack on the National Treasury. At this time of national peril CDE would urge all citizens to

  • Use the institutions of democracy to put pressure on Members of Parliament, Members of the Provincial Legislatures, Mayors, Councilors and political parties;
  • Organize and speak out against crony capitalism and state capture.

Media Enquires:
For further enquiries please contact
Buhle Hlatshwayo
Tel : (011) 482 5140


The CDE is an independent policy research and advocacy organisation. It is one of South Africa’s leading development think tanks, focusing on critical development issues and their relationship to economic growth and democratic consolidation. Through examining South African realities and international experience, CDE formulates practical policy proposals outlining ways in which South Africa can tackle major social and economic challenges.

img source: