The rand weakened against the dollar, following reports of a cabinet reshuffle on Thursday night
By 10:30pm, the currency had dropped to around R13.25, after trading at R12.80 earlier in the evening.
The rand has fallen from R12.80/$ at 6pm to R13.28/$ at 10:40. That is a weakening of 3.75% pic.twitter.com/3Z7R9ByL2i
— Ryk van Niekerk (@Ryk_van_Niekerk) March 30, 2017
Markets were under pressure from Monday after Zuma ordered Gordhan to abandon an investor roadshow in Britain and fly home.
Economist Dawie Roodt says South Africa has been paying a significant price because of the recent political uncertainty.