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