Finance minister Pravin Gordhan sacked
Finance minister Pravin Gordhan has been axed.
This blog has been updated.
President Zuma has announced a major cabinet reshuffle.
It comes after much speculation.
The Presidency had released a statement late on Thursday night saying an announcement will be made with regards to changes to the national executive, hinting at a reshuffle.
The Rand has taken a knock since rumours began.It's now trading R13.36/$.
In a statement, Zuma said:"I have decided to make changes to the National Executive in order to improve efficiency and effectiveness.
"The changes bring some younger MPs and women into the National Executive in order to benefit from their energy, experience and expertise."
These are the new ministers:
I've not being appointed anywhere am still minster of things Sport please STOP.
— RSA Min of Sport (@MbalulaFikile) March 30, 2017
Thank you! https://t.co/Am6xwnalNJ
— Derek Hanekom (@Derek_Hanekom) March 30, 2017
Follow @JacaNews for the latest.