Shop With US Online NewsJS

This RSS feed URL is deprecated

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 »

South African currency plunges after Jacob Zuma fires finance minister in cabinet purge -

South Africa's currency plummeted on Friday after President Jacob Zuma fired his finance minister in a Cabinet reshuffle that spooked investors and raised concerns about the management of the country's economy. Mr Zuma, 74, who has been under pressure ...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 »

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 »

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 »

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 »

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 African rand wobbles as President Zuma recalls finance minister -

The South African rand has fallen once again after reports that President Jacob Zuma has ordered his minister, Pravin Gordhan, back from a trade trip to Britain yesterday, fuelling investor fears that he is about to be fired. A feud between Mr Zuma, 74 ...and more »

Gordhan: Zuma's reasons for firing me 'absolute nonsense' - Eyewitness News

Pravin Gordhan and Mcebisi Jonas were among five ministers and two deputies who were fired by President Jacob Zuma in a Cabinet reshuffle. FILE: Pravin Gordhan. Picture: GCIS. President Jacob Zuma · Jacob Zuma · Pravin Gordhan · Cabinet reshuffle ...and more »