Gordhan warns of 'bruising' battle between Ramaphosa and Dlamini-Zuma
'In 2017, it‘s going to be a difficult year, politically, geopolitically and economically speaking as well'
SOUTH Africa faces more uncertainty in the coming year thanks to global political trends that have seen the rise of Donald Trump and the surprise of Brexit.But Finance Minister Pravin Gordhan assured South Africans that the country was not at risk of a recession, despite its slow economic growth.Gordhan was addressing the National Union of Metalworkers of SA‘s national congress in Cape Town.“In 2017, it‘s going to be a difficult year, politically, geopolitically and economically speaking as well,” said Gordhan.He warned that as a result of Brexit and the election of Trump as the president of the US a number of trade deals may have to be renegotiated.In South Africa, the ANC was expected to undergo a bruising succession battle as various factions in the party were expected to back deputy president Cyril Ramaphosa or African Union Commission chairman Nkosazana Dlamini-Zuma to succeed President Jacob Zuma, the minister added.Gordhan said the global electorate was beginning to question ...
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