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Jacob Zuma sacks Finance Minister Pravin Gordhan -

South Africa's President Jacob Zuma has come under mounting pressure over his decision to sack Finance Minister Pravin Gordhan in a dramatic cabinet reshuffle after days of speculation that rocked the country's markets and currency. A statement from ...and more »

South Africa falls into economic turmoil as Zuma leaves finance officials in limbo - The Globe and Mail

South African Finance Minister Pravin Gordhan, centre, arrives at the High Court in Pretoria, Gauteng province, on Thursday after being recalled from a trade trip by President Jacob Zuma. PHIL MAGAKOE/AFP/Getty Images. Geoffrey York. JOHANNESBURG ...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 Finance Minister Pravin Gordhan has been axed, and has been replaced by Home Affairs Minister Malusi Gigaba. Deputy Minister Mcebisi Jonas has also been replaced by Sfiso ...and more »

South Africa leader fires finance minister in late-night purge, sparking currency plunge - Los Angeles Times

In a late-night purge, South African President Jacob Zuma sacked the country's finance minister, Pravin Gordhan, and dismissed nine other ministers seen as disloyal to him, a move that roiled financial markets and saw the value of the currency plummet ...and more »

POLITICS LIVE: Why Zuma is moving on Gordhan now - Rand Daily Mail

You will not understand President Jacob Zuma's actions unless you accept the somewhat depressing reality that South Africa now inhabits. Zuma may once have been master of his own destiny, but that point has long passed. He is now a wholly owned ...and more »

Report: Zuma Considers Stepping Down Early In Deal To Oust Gordhan - Huffington Post South Africa (blog)

Reuters has heard from two senior ANC sources that Jacob Zuma is considering stepping down as part of a deal that would see Pravin Gordhan go. 30/03/2017 13:22 SAST | Updated 30/03/2017 18:33 SAST. Joe Brock. Siphiwe Sibeko / Reuters. South African ...and more »

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

Richard Calland is a partner of The Paternoster Group and a Board member of the Open Democracy Advice Centre and a member of the Advisory Council of the Council for the Advancement of the South African Constitution. Partners. University of Cape Town ...and more »

Zuma's game of chicken with markets sees Gordhan go - Financial Times

If President Jacob Zuma of South Africa wanted to know how markets would react if he sacked Pravin Gordhan as finance minister, he got part of the answer at the start of this week. The rand shed 4.4 per cent of its value against the dollar on Monday ...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 »

Rand, banks and bonds hit as Zuma fires Gordhan - Financial Times

South African president Jacob Zuma's dismissal of his well-regarded finance minister Pravin Gordhan triggered a sharp market reaction on Friday as bond yields jumped and bank shares declined. The rand was on course for its worst week since 2015, down 7 ...and more »