South Africa’s Zuma faces crucial no confidence vote

South Africa’s parliament was voting Tuesday on a motion of no confidence in embattled President Jacob Zuma that could force him to resign after months of growing anger over alleged corruption. Zuma has survived six previous attempts to unseat him in parliament, but this is the first to be held by secret ballot after parliamentary […]

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S. A finance minister Gordhan sacked in shock reshuffle

The South African rand plunged more than five percent after President Jacob Zuma sacked his finance minister, a man widely seen as a competent manager of one of the world’s most important emerging economies. Finance minister Pravin Gordhan was ousted and ten new cabinet appointments made in a dramatic reshuffle that could split the ruling […]

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