December 14, 2015 / 7:44 AM / in 3 years

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

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”.

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

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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