Nene gets another job

Johannesburg – South Africa’s former finance minister, Nhlanhla Nene, who was unceremoniously sacked by President Jacob Zuma last December, has been appointed as a resident advisor to Thebe Investment Corporation.

This appointment comes a day after he was awarded an honorary doctorate by the Mangosuthu University of Technology in Durban and asset management group Allan Gray appointed him as a non-executive director earlier this week.

In a statement issued by Vusi Khanyile, Thebe chairman, he said Nene’s appointment would run for two years from May. Nene will continue with his role at Allan Gray, says Khanyile.