There has been much speculation about why President Jacob Zuma recalled Pravin Gordhan from an international road show intended to boost investor confidence. Gordhan and his deputy, Mcebisi Jonas, would have been home by Wednesday or Thursday anyway. Some hold that it was a sign of his strength; some that it was a sign of his weakness. Yet others have warned that we mustn’t look for rational or logical explanations. Either way, on the afternoon of Sunday March 26 a member of the public saw a large blue-light brigade leaving the Gupta family compound in Saxonwold. The next morning Zuma applied (unsuccessfully) to join the high court action by Gordhan and the major banks. On the same day he publicly and cryptically recalled Gordhan. Coincidence? Did anyone short the rand by any chance? SC WeissParktown North
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.