March 31, 2017 8:12 AM

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South Africa's President Zuma reshuffles Cabinet; sacks finance minister Gordhan

South Africa's President Jacob Zuma has dismissed Finance Minister Pravin Gordhan after days of speculation that rocked the country's markets. Mr Gordhan will be replaced by Malusi Gigaba.<br/><br/>Sfiso Buthelezi will become Deputy Finance Minister, replacing Mcebisi Jonas. Zuma has also made ten other new cabinet appointments in a dramatic reshuffle widely seen as an attempt to control the selection of his successor. <br/><br/>Zuma is due to step down as head of the party in December, ahead of the 2019 General Election.

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