Zuma under pressure from all sides after high-stakes Gordhan gambit
The president’s actions this week to determine his and ANC’s fate as the Gupta family’s banking troubles add to crisis
President Jacob Zuma is under pressure from all sides – business, the tripartite allies, his own top six in the ANC and very likely the Gupta family, whose banking troubles will reach a critical point on Friday. Zuma has yet to reshuffle the Cabinet, which he informed the ANC’s top six on Monday evening was necessary on the grounds of a bizarre “intelligence report” claiming that Finance Minister Pravin Gordhan was at the centre of a plot to turn international bankers against him. With the stakes never having been this high, Zuma’s actions this week will determine both his fate and that of the governing party. The urgency for him to act is underlined by the looming loss of banking facilities for the Guptas by the end of March. If you are already a subscriber, please click on the following link below to go to the full article: Zuma under mounting pressure from all sides If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here: Subscribe Premi...
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.