South Africa's Gordhan ordered home from London ahead of Gupta court case


  • World
  • Tuesday, 28 Mar 2017

FILE PHOTO: Finance Minister Pravin Gordhan delivers his 2017 Budget Speech to Parliament in Cape Town, South Africa, February 22, 2017. REUTERS/Mike Hutchings/File Photo

JOHANNESBURG (Reuters) - Finance Minister Pravin Gordhan is set to return to South Africa early on Tuesday after being ordered home from London by President Jacob Zuma, hours before a court hearing over the closure of accounts belonging to friends of the president.

Zuma's order on Monday that Gordhan return "immediately" from a roadshow for investors in Britain and the United States has revived talk of a cabinet reshuffle and unnerved investors who see Gordhan as an emblem of stability. The rand fell more than 3 percent on Monday while bonds tumbled.

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