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This from iol.co.za

Johannesburg – Allan Gray has reportedly appointed former finance minister Nhlanhla Nene to its board.

According to a Bloomberg report, the investment company has hired Nene, who was unceremoniously fired by President Jacob Zuma last December, as a non-executive director of money management.

Read: Nene joins the private sector

Nene was fired and replaced by little known David (Des) van Rooyen briefly last year before Zuma made a u-turn and put Pravin Gordhan back as head of SA’s finances.

At the time, Zuma said Nene would be South Africa’s nominee to the Brics Bank.

Last week, Nene told eNCA he had taken up a job in a private company.

According to the interview conducted from his home in Kranskop, KwaZulu-Natal, Nene said he would soon be ending his “garden leave” and joining the private sector.

Full story here:

http://www.iol.co.za/business/news/nene-joins-allan-gray-2010985

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