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Full statement by Deputy Finance Minister Mcebisi Jonas on Gupta job offer

Mcebisi Jonas confirmed on Wednesday evening that that Gupta family had offered him the position of Minister of Finance to replace Nhlanhla Nene but that he had rejected it out of hand.


1. I have decided to respond to and clarify certain questions that have been in the public domain recently. I do so in accordance with my conscience‚ my political values and the best traditions of my organisation‚ the ANC‚ of which I have been a member since my early teens.

2. I regard our Constitution as being sacrosanct and it embraces the values that South Africans struggled for‚ and what we live by. I was appointed Deputy Minister in terms of the Constitution by the President of the Republic. Any practice that conflicts with the prescripts of the constitution must be challenged in the interest of our democracy

and the accountability we have to our people. The ANC that we have been and continue to be proud members of‚ has offered us the opportunity to serve our country‚ an honour that I do not take for granted. My historical commitment to the liberation of our people has not waned.

3. My daily decisions and actions are informed by the understanding that true political freedom will be achieved through deliberate and active management of a transformed yet inclusive growing economy. The current economic climate presents many risks for our country‚ which requires responsible leadership to avoid a full-blown crisis. We have to unite on the key issues relating to managing the macro-economic risks‚ while urgently unlocking new sources of growth and job creation. South Africa requires “all hands on deck”.

4. The extent to which we are able to navigate the current macro-economic challenges‚ restore investor confidence and rapidly stimulate growth‚ will depend on heightened levels of political leadership.

5. The narrative that has grown around the issue of “state capture” should be of concern to all responsible and caring South Africans‚ particularly those of us who have accepted the task to lead our people. We cannot afford to ignore the obvious impact these sentiments may have on our country and the resultant potential of undermining our moral authority. Neither can we afford to allow the attempts to capture the state to divert us from dealing with the challenges that our country faces. History will judge us on the extent to which we have stayed true to the commitments we have made to our people through our public pronouncements and private conduct.

6. Therefore let me state the facts on the matter of whether I was approached by non-governmental individuals in respect of the position of Minister of Finance. Members of the Gupta family offered me the position of Minister of Finance to replace then-Minister Nene. I rejected this out of hand. The basis of my rejection of their offer is that it makes a mockery of our hard-earned democracy‚ the trust of our people and no one apart from the President of the Republic appoints ministers. Let me also place it on record that there was no discussion between the Deputy Secretary General of the ANC Ms Jessie Duarte and myself on this matter.

7. I have hesitated to speak out publicly on this matter until now‚ but I feel it is no longer possible to remain quiet. Of primary concern to me is that this issue has a real danger of diverting attention away from the real and urgent challenges we face as a country.

8. I am committed to good governance‚ abiding by the constitution of our country and being accountable to our people who repeatedly express their confidence and trust in us‚ election after election. It is this constant state of awareness and consciousness drummed into most of us throughout our service in the national democratic revolution

led by the ANC‚ that has provided us with the moral capital and tools to apply sound judgement to navigate challenges that emerge in the natural course of societal leadership. It is only through these values and moral covenants that I serve my organisation‚ my fellow country men and women‚ my beloved South Africa.

9. Finally‚ I remain confident that the challenges that we face as a nation will be overcome if we collectively use our efforts for the benefit of all. I am resolute in playing my part in preserving the integrity of National Treasury as an institution in my capacity as Deputy Minister. I’m also committed to making my contribution towards building a prosperous South Africa led by the glorious movement of our people‚ the African National Congress.

Issued on behalf of the Ministry of Finance

Date: 16 March 2016

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