The withdrawal in November of flimsy fraud charges against Gordhan and two other former South African Revenue Service officials on the eve of their court appearance had "reinforced the idea if not the reality that the finance minister is the de facto president of South Africa", political analyst Aubrey Matshiqi said on Friday. Lack of leadership by the president in managing South Africa's economic crisis had created a gap for Gordhan to provide such leadership "in a way that bestowed on him either the perception or reality of being president of South Africa. So he does go to Davos stronger than he was on November 1 2016." However, last year, Zuma did appoint a committee of business leaders led by Gordhan and Telkom chairman Jabu Mabuza to investigate economic initiatives to boost growth. The annual event is bringing together world leaders and civil society under the theme "Responsive and Responsible Leadership" this year. The 59-strong South African delegation comprising senior cabi...

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