March 31, 2017 / 11:13 AM / 6 months ago

South Africa's chamber of mines says concerned about Gordhan sacking

JOHANNESBURG, March 31 (Reuters) - South Africa’s Chamber of Mines said on Friday that it was “seriously concerned” by the dismissal of Pravin Gordhan as finance minister at a time when South Africa’s sovereign credit rating is at risk and investor confidence in the economy is at a very low ebb, it said in a statement.

President Jacob Zuma’s midnight sacking of his finance minister shook South African financial markets on Friday.

Reporting by Mfuneko Toyana; Writing by Ed Stoddard; Editing by James Macharia

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