December 14, 2015 / 7:44 AM / 2 years ago

South Africa's ruling ANC welcomes Gordhan appointment as finance minister

South Africa's Finance Minister Pravin Gordhan delivers his 2014 budget address at Parliament in Cape Town in this February 26, 2014 file photo.Mike Hutchings/Files

JOHANNESBURG (Reuters) - South Africa's ruling ANC party on Monday welcomed the reappointment of Pravin Gordhan as finance minister, saying it was an "explicit demonstration of a responsive and accountable government".

Zuma late on Sunday restored widely respected Gordhan to the ministry in a dramatic about-face decision that gave Africa's most advanced economy its third finance minister in a week.

Reporting by Tiisetso Motsoeneng; Editing by James Macharia

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