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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.

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