Reuters logo
4 months ago
Zuma's recall of Gordhan from roadshow risked rating - S.Africa bank group
March 27, 2017 / 4:05 PM / 4 months ago

Zuma's recall of Gordhan from roadshow risked rating - S.Africa bank group

1 Min Read

JOHANNESBURG, March 27 (Reuters) - South African banking industry lobby group on Monday criticised President Jacob Zuma's order to call back home his finance minister from a roadshow abroad, saying the move risked a sovereign credit rating downgrade.

Zuma asked Pravin Gordhan on Monday to return home "immediately" from an investor roadshow in Britain and the United States, reviving talk of a cabinet reshuffle and unnerving investors who see Gordhan as a emblem of stability. (Reporting by Tiisetso Motsoeneng; Editing by James Macharia)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below