Cabinet reshuffle clock is ever-ticking
The chance of PGxit — the ousting of Pravin Gordhan — has risen, but is not a given as the president can achieve much without it, writes Peter Attard Montalto
A Cabinet reshuffle is even more likely as political necessities and December’s elective conference remain key, although the timing and logistics remain problematic. The likelihood of a PGxit (ousting of Finance Minister Pravin Gordhan) has also risen, but that shock event has still not become our baseline given President Jacob Zuma can achieve much without it. Overall, we think the Zuma (or status quo) camp’s cohesiveness needs to be viewed as a key driver of events. We believe a reshuffle is possibly imminent as political forces are balanced and political necessities satiated. Several issues have converged. With an eye on winning at the ANC’s elective conference in December — we think the Zuma camp is looking to position its slate and its preferred ANC president candidate is Nkosazana Dlamini-Zuma now her term as chairperson of the AU has ended and she is without a job (or deployment in ANC parlance). In our view, President Zuma also wants to remove left-wing South African Communi...
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