[UPDATE] Presidency confirms Zuma instructs Gordhan to return from London

JOHANNESBURG - The Presidency has issued a statement confirming that President Jacob Zuma has instructed the Minister of Finance Pravin Gordhan and Deputy Minister Mcebisi Jonas to cancel the international investment promotion roadshow to the United Kingdom and the United States and return to South Africa immediately.

Read the Presidency's statement below:

Presidency statement on Pravin Gordhan & Mcebisi Jonas by Primedia Broadcasting on Scribd

The minister is in London together with Business Unity South Africa but has been asked to cancel the remainder of the trip.

Dennis George of the Federation of Unions of South Africa says Gordhan has told him the schedule will remain in place. This has not been independently confirmed by Treasury.

The union says it would be irresponsible for the trip and the meetings to be cancelled at the last minute.

Reuters and Business Day are reporting that Gordhan was not given permission for the trip and that's why he was suddenly recalled.

It's believed that he will be on an overnight flight back to South Africa. His deputy Jonas was expected to lead the US leg of the trip.

While the exact reasons for his sudden return are unclear, it has led to fresh speculation that there may be a Cabinet reshuffle.

Eyewitness News has spoken to the Finance Minister's spokesperson Yolisa Tyantsi who claims to have no knowledge of this recall.


This article first appeared on EWN : [UPDATE] Presidency confirms Zuma instructs Gordhan to return from London


Recommended

by THE NEWSROOM

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
[WATCH LIVE] Sona: MPs debate Ramaphosa's speech

[WATCH LIVE] Sona: MPs debate Ramaphosa's speech

President Cyril Ramaphosa delivered his maiden State of the Nation Address (Sona) on Friday, just a day after being elected unopposed and sworn in after Jacob Zuma’s reluctant resignation.

Fake News Alert: Report on Ajay Gupta in Lesotho is NOT an EWN story

EWN journalist Ziyanda Ngcobo has been falsely credited as the author of this story.

[GALLERY] Sona 2018 red carpet

[GALLERY] Sona 2018 red carpet

EWN takes you on the Sona 2018 red carpet.

Hawks raid Gupta family's Saxonwold compound

Hawks raid Gupta family's Saxonwold compound

Law enforcement officials are currently on the premises.

Actor Sandy Mokwena dies

Actor Sandy Mokwena dies

Mokwena is best known for his role as Bra Eddie Khumalo in the long-running soapie 'Scandal!'.

SA jazz legend Hugh Masekela dies

SA jazz legend Hugh Masekela dies

Legendary jazz musician Hugh Masekela has passed away.

Popular articles
[LISTEN] DA objects to Gigaba delivering #Budget2018 speech after court order

[LISTEN] DA objects to Gigaba delivering #Budget2018 speech after court order

Members of Parliament object to Finance Minister Malusi Gigaba delivering budget 2018.

Saps: Attackers spared 5 female cops in Ngcobo police shooting

Saps: Attackers spared 5 female cops in Ngcobo police shooting

E Cape Saps says they are investigating the murder of five police officers and one retired soldier at Ngcobo Police Station.

Missing Cape Town couple's vehicle found north of Durban

Missing Cape Town couple's vehicle found north of Durban

Hawks spokesperson says the couple has not yet been located and their names will not be released as yet.