Monday, April 03, 2017

#SOUTHAFRICA: Pres. Zuma's Cabinet Shuffle Causes Turmoil In Markets, Within His ANC Party

[world politics news]


South Africa's government is in turmoil after Pres. Jacob Zuma fired the finance minister and his deputy and shuffled 18 other cabinet members in a dramatic midnight move on Mar. 31. The removal of Finance Min. Pravin Gordhan followed months of animosity between Zuma and Gordhan. Markets reacted badly to the shuffle and Zuma's party, the ANC, is rife with infighting.

[FULL STORY HERE]

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