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WORLDVIEW: Zuma’s last roll of the dice, Nkosazana for Pravin, could finally hang him
Replacing Pravin Gordhan with Nkosazana Dlamini-Zuma is likely to trigger an immediate national ratings downgrade, sparking another plunge in the Rand and a surge in interest rates.
By Alec Hogg
In the week before Christmas, I shared an insider's view that SA President Jacob Zuma would have his final roll of the dice after Davos. My source predicted a cabinet reshuffle which would see Finance Minister Pravin Gordhan and others of his ilk demoted or dumped, replaced by Zuma loyalists.
President Jacob Zuma, March 17, 2016. REUTERS/Mike Hutchings
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