South Africa's Zuma plans to sack finance minister: ally

Johannesburg: South African President Jacob Zuma has vowed to sack his respected finance minister, a government coalition party confirmed today, in a move which could split the African National Congress (ANC).

Zuma has been at loggerheads with Finance Minister Pravin Gordhan for months, and this week abruptly ordered him to return home from a foreign investment trip as speculation rose of a dramatic political showdown.

Gordhan is supported by several senior ministers and many international investors, as well as being widely admired by ordinary South Africans and veterans of the anti-apartheid struggle.

He has campaigned for controlled spending and against corruption, but Zuma's allies have accused him of thwarting the president's desire to enact "radical economic transformation" tackling racial inequality.

"The president informed us of his intention to affect a cabinet reshuffle replacing both the minister and deputy minister of finance," Solly Mapaila, of the South African Communist Party (SACP), told reporters in Johannesburg.

"We recorded our objection to the intended reshuffle."

Zuma met with the SACP, which is a junior coalition partner of the dominant ANC, on Monday.

Gordhan's fate has become a battleground over the future of the ANC, which Nelson Mandela led in the fight against apartheid and when it won the country's first democratic elections in 1994.

Zuma is due to step down as head of the party in December, ahead of the 2019 general election.

He is seen as favouring his ex-wife, former African Union chief Nkosazana Dlamini-Zuma, to succeed him ahead of Deputy President Cyril Ramaphosa.

"The battle for control of the ANC will... Culminate in the defeat of Cyril Ramaphosa, Gordhan and their faction at the December conference," the Eurasia consultancy predicted in a briefing note.

"This group is then very likely to split off from the ANC in a possible major realignment of South African politics."

Zuma's planned sacking of Gordhan may have been put on hold due to the death of celebrated anti-apartheid activist Ahmed Kathrada, 87, on Tuesday.
Kathrada was a fierce critic of Zuma, and his funeral on Wednesday became something of a rally against the president, who did not attend at the request of the family.

Gordhan was given a standing ovation at the event.

In December 2015, Zuma unexpectedly sacked finance minister Nhlanhla Nene and replaced him with a little-known lawmaker, triggering panic among investors and a sharp drop in the rand.

Just four days later, Gordhan was appointed to the role to calm the markets.