South Africa's president fired his respected finance minister - and now the rand is tumbling - Business Insider

Pravin Gordhan Mcebisi Jonas Pravin Gordhan seen with his deputy Mcebisi Jonas in Pretoria, South Africa, on Tuesday. Gordhan was fired as South Africa's finance minister on Friday. REUTERS/Siphiwe Sibeko. PRETORIA, South Africa — The firing of ...

South Africa cabinet bloodbath exposes ANC generational divide - Independent

Zuma, wife and vice president at the State of Nation Address last year. Rifts are growing in his ANC. Johannesburg, South Africa | AFP | South African President Jacob Zuma's sweeping cabinet overhaul exposes deep divisions between the ANC's ...

South Africa's ANC divided, Zuma undermined by cabinet reshuffle - TODAYonline

ANC Secretary General Gwede Mantashe briefs the media at the end of the party's National Executive Committee meeting in Pretoria. Photo: Reuters. mail · print. View all comments. Tweet · Share. Published: 3:50 PM, March 31, 2017. Updated: 6:04 AM ...

European stocks shrug off tough Trump trade talk - Yahoo News

European stock markets ended the week higher on bargain-hunting Friday, shrugging off weakness on Wall Street where tough talk on trade from US President Donald Trump's administration revived concerns about a global trade war. In London, stock prices ...

Zuma's cabinet reshuffle causes South African chaos - Irish Times

An overnight cabinet reshuffle by President Jacob Zuma plunged South Africa into political chaos on Friday, publicly dividing the ruling party's leadership and prompting civil society to take to the streets in protest. South Africans woke to find that ...

Zuma wreaks his revenge, at last - Politicsweb

Mutiny is a high-risk venture. However justified it might be, no matter how much the country might be groaning under the burden of a despised leader, the plotters typically only have one swing of the axe, so to speak. Should they fail and the head of ...

Zuma's Late Night Reshuffle Leads To Joyless Swearing In Of New Ministers - Huffington Post South Africa (blog)

The event kicked off an hour late, in stark contrast to the last swearing in. 31/03/2017 18:41 SAST | Updated 6 hours ago. Verashni Pillay Editor-in-Chief, HuffPost South Africa. ANALYSIS. The swearing in of new ministers after the 2014 national ...

South African President Jacob Zuma faces party revolt after cabinet purge - The Globe and Mail

South African President Jacob Zuma is facing a growing mutiny in his ruling party after he orchestrated a midnight purge of his cabinet rivals. Mr. Zuma's dramatic late-night sacking of his finance minister and other cabinet ministers was openly ...

SA Has Strong Case to Remain Investment Grade - Gordhan - AllAfrica.com

Outgoing Finance Minister Pravin Gordan said work to restore confidence in the economy among investors, businesses and rating agencies has not been undone. He was speaking at a briefing at Treasury on Friday, following a Cabinet reshuffle in the early ...

eThekwini ANCYL accuses Gordhan of inciting revolt - Independent Online

Outgoing Finance Minister Pravin Gordhan holds a copy of an intelligence report that President Jacob Zuma used as justification to fire him. Picture: Siphiwe Sibeko/Reuters. Johannesburg – The ANC Youth League (ANCYL) in eThekwini Region has ...

Top 7 quotes from Pravin on his last day as finance minister - Times LIVE

The axed finance minister Pravin Gordhan opened up to media on Friday‚ only a few hours after learning of his firing via television news. He was greeted by hundreds of cheering and applauding staff members who banged on tables as he entered.

South Africa's credit ratings at risk as Gigaba takes over Treasury - Times of India

... * Fiscal discipline in focus after reshuffle. * Home affairs head appointed new finmin. * Zuma fires Gordhan as finance minister. By Olivia Kumwenda-Mtambo. JOHANNESBURG, March 31 (Reuters) - New South African Finance Minister Malusi Gigaba got a ...

Sacking triggers civil war in South Africa's ruling ANC - Arab News

South African former Finance Minister Pravin Gordhan holds an alleged intelligence report as he addressed media. (AFP). JOHANNESBURG: The sacking of South Africa's respected finance minister in a cabinet purge pitched the ruling ANC party into chaos ...

Outa mulls legal action after #CabinetReshuffle - Independent Online

Outgoing Finance Minister Pravin Gordhan holds a copy of an intelligence report that President Jacob Zuma used as justification to fire him. Picture: Siphiwe Sibeko/Reuters. Johannesburg – The Organisation Undoing Tax Abuse (Outa) said on Friday that ...

[WATCH LIVE] Briefing on Kathrada's memorial service - Eyewitness News

Eyewitness News | The Ahmed Kathrada and Nelson Mandela Foundations are briefing the media on the cancellation of Ahmed Kathrada's state memorial service. Cabinet reshuffle · Ahmed Kathrada Foundation · Nelson Mandela Foundation · Ahmed ...

Crunch Time for South Africa and the ANC - The American Interest

South African President Jacob Zuma has ousted his independent finance minister, as part of a massive cabinet reshuffle that has many in his own party crying foul. The Wall Street Journal reports: South Africa's ruling African National Congress lurched ...

Gordhan: I hope to have tea with Zuma soon - Times LIVE

Fired finance minister Pravin Gordhan believes he and President Jacob Zuma can maintain a friendly relationship. Speaking at a press conference with Deputy Finance Minister Mcebisi Jonas‚ Gordhan was asked about his relationship with President Jacob ...

South Africa faces turmoil after firing of finance minister - KIRO Seattle

PRETORIA, South Africa (AP) - South Africa faced political and financial turmoil on Friday after President Jacob Zuma fired the finance minister in a Cabinet reshuffle, intensifying a rift in the party that took power after the 1994 end of white ...

Malema alleges Guptas gave Gigaba cash, house in Cape Town - Citizen

Home Affairs Minister Malusi Gigaba briefs media about the new regulations with regard to unabridged birth certificates needed for minors to travel to the country at the Crowne Plaza hotel in Rosebank, 2 July 2015. Picture Neil McCartney ...

FTSE 100 movers: South Africans feel the pain after Zuma sacks finance minister - DIGITALLOOK

South African stocks weighed heavily as the major fallers on the FTSE 100 after President Jacob Zuma sacked Finance Minister Pravin Gordhan. Shares of firms with operations in South Africa dominated the top 10 decliners. Old Mutual dived after Gordhan ...