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Zuma fires Gordhan as Treasury chief as he reshuffles cabinet - Financial Times

President Jacob Zuma has dismissed Pravin Gordhan as his finance minister, threatening further turmoil for South Africa's fragile economy and setting the stage for the biggest crisis yet for the ruling African National Congress under his leadership. Mr ...and more »

Stakes for South Africa's democracy are high as Zuma plunges the knife - The Conversation AU

South Africa has reached a crisis point in its political history that's been looming on the horizon for more than a year. In the dark of night – literally – President Jacob Zuma demonstrated his ruthlessness by firing finance minister, Pravin Gordhan ...and more »

President Jacob Zuma has fired finance minister Pravin Gordhan - Mail & Guardian

President Jacob Zuma is set to announce a major reshuffle of his cabinet. Finance Minister Pravin Gordhan has been axed, and has been replaced by Home Affairs Minister Malusi Gigaba. Deputy Minister Mcebisi Jonas has also been replaced by Sfiso ...and more »

Zuma: Cabinet reshuffle to improve efficiency and effectiveness - Eyewitness News

The Presidency released a statement in the early hours of Friday morning announcing the adjustments affecting 20 people. FILE: President Jacob Zuma. Picture: GCIS. President Jacob Zuma · Cabinet reshuffle · Malusi Gigaba · Finance Minister Pravin ...and more »

Cabinet Reshuffle: The Boot For Pravin Gordhan, Checkmate For Jacob Zuma - The Inquisitr

On Thursday, South Africa's president, Jacob Zuma, gave nearly 20 ministers and deputy ministers their marching orders in a merciless late-night cabinet reshuffle. Among the casualties were the Minster of Finance, Pravin Gordhan, and his deputy ...and more »

South African Assets Tumble as Gloom Pervades Fiscal Outlook - Bloomberg

South African bank stocks tumbled and bonds plunged as the rand headed for its biggest weekly slide since 2015 after the firing of Finance Minister Pravin Gordhan raised concerns about the country's fiscal path and its investment-grade credit rating ...and more »

#Zumicon: Gordhan and others fired, Zuma cabinet full of Gupta “associates” - BizNews

There is every chance that President Jacob Zuma has finally gone too far. The deeply flawed leader of South Africa's ruling ANC has blown off the advice of party's stalwarts, half the Top Six, innumerable political and economic analysts, international ...and more »

Meet #Zumicon Finance Minister Malusi Gigaba: Zupta man with keys to National Treasury - BizNews

South Africa's new Finance Minister Malusi Gigaba is doomed from the start. This is because he is inevitably associated with the state capture strategy being carried out by President Jacob Zuma, while his friends the Gupta brothers stand in the wings ...and more »

Firing of South Africa's Finance Minister Widens a Political Rift - New York Times

JOHANNESBURG — The two rival factions inside South Africa's governing African National Congress attacked each other publicly on Friday after President Jacob Zuma abruptly fired a well-respected finance minister who was considered a bulwark against ...and more »

Reporter's Notebook: The Crisis Deepens - Daily Maverick

PG-Exit Day One had been busy. Too busy to even really understand all that had transpired. There was still a lot to digest but the time for it is not yet upon us. There is still too much happening. Such is the urge by so many to eat right now, and the ...and more »