Tue 7 Sep 2010 | 4:47 GMT
You are here: Home > News > News by Country > Article
Home
News
News by Country
Top News
Sport
World
Oddly Enough
Blogs
Investing
AlertNet
Humanitarian News
Do More With Reuters
RSS 
Professional Products
Financial
Media
Support
Partner Services
Career Centre
About Thomson Reuters

S.Africa's ANC says has confidence in FinMin Gordhan

Sun Mar 14, 2010 1:03pm GMT
 

* ANC says Gordhan doing a good job

* Will discipline members for public spats

* ANC dismisses suggestion of lifestyle audits

JOHANNESBURG, March 14 (Reuters) - South Africa's ruling African National Congress on Sunday said its confidence in Finance Minister Pravin Gordhan has grown, contradicting its youth wing that said it was losing faith in the minister.

The ANC Youth League said on Wednesday Gordhan was not following party policy and was ignoring the plight of the young.

The youth league of the ANC has become a significant political force in the ANC after it helped Zuma become president in May last year. Its leader Julius Malema has unnerved investors with his calls, first made last year, for mines to be nationalisated.

On Friday Zuma signalled his support for Malema in a newspaper interview, but said the youth leader was not in charge of government policy.

On Sunday the main ANC said Gordhan's position was safe.   Continued...

AFRICA BLOGS

Flames flicker on the charred remains of an oil tanker lying on the streets of Sange, eastern Congo July 3, 2010. At least 230 people were killed when this fuel tanker overturned and exploded in eastern Democratic Republic of Congo, unleashing a fire ball that tore through homes and cinemas packed with people watching World Cup soccer. Officials said on Saturday the explosion late on Friday also injured 196 people, adding that the death toll could rise. Picture taken July 3, 2010. REUTERS/Fiston Ngoma/United Nations/Handout
Will bandages mend broken ties in the DRC?

The relations between First Quantum and the Democratic Republic of Congo have gone from bad to worse in recent months, after the country expropriated the miner’s $765 million Kolwezi copper tailings project in September.   Blog 

 
Children practice taking penalty kicks while playing soccer in the Eersterust neighborhood of Pretoria July 1, 2010. REUTERS/Brian Snyder
Africa optimism rising

When some of the most influential figures in emerging markets finance spoke to a group of Reuters editors, they were asked about top picks for growth beyond the so-called BRIC countries of Brazil, Russia, India and China.  Blog 

 
A view of the Nile river flowing through the Egyptian capital Cairo, December 2003. REUTERS/Aladin Abdel Naby
Nile River row: Could it turn violent?

The giggles started when the seventh journalist in a row said that his question was for Egypt’s water and irrigation minister, Mohamed Nasreddin Allam.  Blog 

 
Libya's leader Muammar Gaddafi attends a meeting involving five Arab states in Tripoli June 28, 2010. Libya, Egypt, Yemen, Iraq and Qatar gathered on Monday to discuss a proposal to form an "Arab Union" out of the current Arab League. The sign reads, "President". REUTERS/Ismail Zitouny
Libya: a mixed bag

It has debt levels to die for and huge amounts of oil, but economically it’s lagging and political concerns remain. Speakers at a Libyan trade and investment forum this week saw the North African country as a mixed bag.  Blog 

 
Members of the vote office hold ballots at the Al Moustapha school in Conakry June 27, 2010. Polling wound down peacefully in Guinea on Sunday in a landmark election offering voters their first chance to freely choose a leader since the coup-prone West African state won independence from France in 1958. REUTERS/Luc Gnago
If Guinea Can…

If Guinea can pull off free and fair elections this weekend, it will lay the foundations for what could be one of Africa’s most unexpected and significant good news stories.  Blog 

 
Senegalese dancers perform during the 2nd Pan African Cultural Festival (Panaf) of Algiers at Riad el Feth Place in Algiers in this July 16, 2009 file photo. After nearly two decades of bombings and ambushes, the violence has subsided enough for Algerians to embrace an unfamiliar concept: having fun. For two weeks, this former colonial city has been hosting a festival of African dance, theatre, music and art designed to let the world know normal life is slowly returning to Algeria, and to allow people to let their hair down. To match feature ALGERIA-AFRICA/FESTIVAL REUTERS/Louafi Larbi/Files
Africa takes the stage in London

Africa is providing a lot of fine material for the London theatre these days.  Blog