Business Leadership SA demands answers from Zuma on Gordhan recall

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President Jacob Zuma with Finance Minister Pravin Gordhan. (Alexander Joe, AFP)
President Jacob Zuma with Finance Minister Pravin Gordhan. (Alexander Joe, AFP)

Cape Town - Business Leadership South Africa (BLSA) said in a strongly worded statement directed at President Jacob Zuma that destabilising the National Treasury would be the ultimate "own goal".

Rumours are rife that Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas will soon be removed by Zuma following a surprise recall on Monday from an international investor roadshow barely a day after they started the week-long excercise to the UK and US.

The rand plunged more than any other major currency following the recall from a near two-year high of R12.31 to R13.11 in no time at all, but managed to recover on the news of a push-back from three members of the ANC Top 6 against an apparent plan by Zuma to axe Gordhan and Jonas.

READ: Rand runs on news that ANC top brass oppose Zuma's Gordhan axing

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