South Africa's Zuma Fires Finance Minister Gordhan

The transcript discusses ongoing conflicts within South Africa's Treasury, highlighting the strained relationship between the President and the Finance Minister since a cabinet reshuffle in 2015. It addresses issues with state-owned companies like SAA and the national electricity provider, as well as internal disputes within the tax agency. The appointment of Malusi GABA as the new Finance Minister raises questions about potential impacts on South Africa's credit rating by Moody's. The transcript also touches on political connections influencing these developments.

What has been a significant source of conflict between the President and the Finance Minister since December 2015?

• Differences in economic policies

• International trade agreements

• Personal disagreements

• The Finance Minister's reappointment

Which state-owned company is mentioned as having financial issues?

• South African Airways

• South African Railways

• South African Telecommunications

• South African Postal Service

What role did Malusi Gaba hold before becoming the Finance Minister?

• Minister of Education

• Minister of Health

• Minister of Home Affairs

• Minister of Defense

What is the potential impact of the new Finance Minister on South Africa's credit rating?

• Guaranteed downgrade

• Immediate improvement

• No impact if policies remain unchanged

• Significant upgrade

Which credit rating agency is expected to make an announcement about South Africa?

• Moody's

• Standard & Poor's

• DBRS

• Fitch Ratings