Still no clarity over why Finance Minister was recalled from the UK

2017-03-28 13:34
Minister of Finance Pravin Gordhan (Netwerk24)

Minister of Finance Pravin Gordhan (Netwerk24)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - Director General at Treasury Lungisa Fuzile says they still don't know why President Jacob Zuma cancelled their investment roadshow.

Fuzile was speaking to journalists outside of Luthuli House, following finance minister Pravin Gordhan being spotted on the 6th floor inside the building earlier.

Gordhan arrived back in South Africa this morning and went straight to the ANC headquarters and is believed to be locked up in a meeting with ANC Secretary- General Gwede Mantashe.

Speculation has grown over the past 24 hours that his head is on the chopping block. Some ANC insiders close to President Jacob Zuma have said that "a long overdue cabinet reshuffle" would take place before end of the week.

"There has been speculation for a very long time. In my case I don't work with speculation I work with realities," said Fuzile. He refused to give details behind his presence at Luthuli House except to say he was meeting with friends at the ANC headquarters.

Fuzile said the investor roadshow went well. "We met around 50 investors and two credit ratings agencies," he said.

The treasury DG jokingly added that he didn't mind the urgent recall from the roadshow. "I love home hey, you must always know I love home and with me, I can't wait to get to the farm," said Fuzile.

Read more on:    pravin gordhan  |  jacob zuma  |  lungisa fuzile  |  sa economy

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.

Inside News24

Competition regulation for a growing and inclusive economy

ADVERTORIAL: The Competition Commission of South Africa is conducting advocacy work in the South African automotive aftermarket industry and has gazetted a Draft Code of Conduct for public comment.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.


Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.