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Guptas’ selloff may signal Zuma’s waning control

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Johannesburg - The decision by the Guptas to sell their businesses in South Africa is the latest indication that President Jacob Zuma's grip on power may be slipping.

The Gupta family, which has holdings ranging from coal mining to media, made the surprise announcement on Saturday that it will exit all its interests in the country by the end of the year.

Zuma, who has described the Guptas as friends while denying that the family wields political influence, is also facing a public backlash over a police investigation into Finance Minister Pravin Gordhan. Both developments come weeks after his ruling African National Congress suffered its worst-ever election performance.

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