Johnathan Paoli
Public Enterprises Minister Pravin Gordhan has announced his intention to retire from actively participating in a governmental role, and said that he would not be on the ballot for elections this year.
In an interview on Thursday, Gordhan said that his retirement was necessary because of the need to prioritise both his family and his health.
Gordhan served as Finance Minister from 2009 until 2014 and again from 2015 until 2017, as well as Minister of Cooperative Governance and Traditional Affairs from 2014 until 2015 and Minister of Public Enterprises from February 2018.
This follows his colourful and contested tenure as a cabinet member, with some calling him one of the worst finance ministers the country has had and was partly to blame for the crises at the State-Owned Enterprises.
Under his leadership, the country’s debt-to-GDP increased significantly, in stark contrast to the performance of his predecessor, Trevor
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