South Africa’s credit rating likely headed for junk status after Zuma’s midnight purge of ministers

JOHANNESBURG — In a late-night purge, South African President Jacob Zuma sacked the country’s finance minister, Pravin Gordhan, and dismissed nine other ministers seen as disloyal to him, a move that roiled financial markets and saw the value of the currency plummet sharply. Gordhan had been seen as a steady hand by the markets, admired
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Source: Bitcoin News