Finance Minister Malusi Gigaba

Pretoria – Minister of Finance Malusi Gigaba is holding a media briefing to talk about the way forward for the South African economy.

Here are ten things he has said so far:

* President Zuma and other ministers discussed critical interventions at emergency meeting last night.

* Low economic growth is reflection of low business and consumer confidence.

* Government is committed to maintaining fiscal framework announced in budget.

* Treasury's plan to grow economy has been undermined by recent downgrades, data showing recession.

* When boards of SOEs are appointed, skills and capabilities are looked at.

* Glad that the Public Protector is investigating the Gupta emails saga.

* The appointment of new DG Dondo was fast, and shows eagerness.

* Calls for policy certainty to reassure investors and unlock growth.

* Business, labour and government must come with plans on how to get the economy out of tough times.

* Political noise is better than no noise at all.

Reuters and IOL