South Africa – Gordhan recall from trip heighten fears he will be replaced

BD Live

The Presidency gives no explanation for move as fears grow Brian Molefe may replace the finance minister

28 March 2017 – 05:52 AM Natasha Marrian
Jacob Zuma and Pravin Gordhan. Picture: SIYABULELA DUDA
Jacob Zuma and Pravin Gordhan. Picture: SIYABULELA DUDA

The nation was on tenterhooks on Monday after President Jacob Zuma abruptly “instructed” Finance Minister Pravin Gordhan to return from a scheduled international investor road show.

The move by Zuma fuelled speculation of a Cabinet reshuffle and that the long-awaited showdown between him and the minister was imminent.

It has long been speculated that Zuma was intent on appointing Brian Molefe as the next political head of the Treasury, a suspicion supported by the former Eskom boss’ hasty swearing-in as an ANC MP in February. Molefe resigned from power utility Eskom under a cloud last year after being fingered in a “state capture” interim report by former public protector Thuli Madonsela.

If you are already a subscriber, please click on the following link below to go to the full article: Gordhan recall fuels talk of showdown

If you would like to subscribe  to BusinessLIVE Premium to read the full story, please click here: Subscribe

Premium content is not yet available on the app. Please use the desktop site to subscribe.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s