South Africa's President Jacob Zuma sacked finance minister Pravin Gordhan in a cabinet reshuffle after days of speculation that has rocked the country's markets and currency, replacing him with home affairs head Malusi Gigaba.
A statement from the president's office just after midnight on Thursday said Zuma had also appointed Sfiso Buthelezi as Deputy Finance Minister replacing Mcebisi Jonas. Gigaba has been Home Affairs Minister, while Buthelezi did not hold a position in the cabinet and was a backbencher in parliament.
On Wednesday, sources within the ANC told Reuters there was a split down the middle among its six most senior officials over whether Gordhan should be sacked. Julius Malema, leader of the ultra-left Economic Freedom Fighters (EFF) and a former protege of Zuma, filed a court application for disciplinary or impeachment proceedings against the president on Thursday.
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