Business Jacob Zuma Sacks Finance Minister, Reshuffles Cabinet

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South African president Jacob Zuma sacked his respected finance minister and made 10 new cabinet appointments late on Thursday in a dramatic reshuffle that could split the ruling ANC party.

The move was widely seen as an attempt to control the selection of his successor.

The ruling ANC party, which led the fight against apartheid and came to power under Nelson Mandela in 1994, was rocked by the clear-out of senior figures including finance minister Pravin Gordhan.

SA Finance minister.JPG

Mr Gordhan will be replaced by Malusi Gigaba, said a statement issued late on Thursday by the president's office.

Earlier this week, President Zuma recalled Mr Gordhan from planned events in the UK.

Sfiso Buthelezi will become Deputy Finance Minister, replacing Mcebisi Jonas.

"I have directed the new ministers and deputy ministers to work tirelessly with their colleagues to bring about radical socioeconomic transformation and to ensure that the promise of a better life for the poor and the working class becomes a reality," President Zuma's statement said.
 
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