Botswana signs $12 billion investment deal with Qatar's Al Mansour Holdings
President Jacob Zuma has reshuffled his cabinet, which include firing finance minister Pravin Gordhan and deputy finance minister Mcebisi Jonas.
This announcement followed news that Zuma has summoned the rest of the ANC’s top six to an urgent meeting in Pretoria.
The officials, Cyril Ramaphosa‚ Baleka Mbete‚ Gwede Mantashe‚ Jessie Duarte and Zweli Mkhize, were called to a meeting at short notice to the presidential home, Mahlambandlopfu, at 18:30.
eNCA has confirmed that Gordhan has been removed as finance minister, and is replaced by the Minister of Home Affairs Malusi Gigaba.
Jonas is reportedly replaced by ANC MP Sfiso Buthelezi, an economist who resigned as the COO of the Makana Investment Corporation before joining parliament.
Buthelezi served as an Alternate Non-Executive Director of Cadiz Holdings Ltd. from May 2004 until November 2010.
He has also served as the economic adviser to Zuma when the latter was the economic development MEC of KwaZulu-Natal.
Other ministers which have reportedly been sacked as part of the cabinet reshuffle are Blade Nzimande, Ebrahim Patel, David Mahlobo, Aaron Motsoaledi, and Rob Davies.
The Presidency confirmed that President Jacob Zuma will make an announcement relating to changes to the National Executive tonight
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