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President Ramaphosa to Announce Finance Minister's Fate 'Soon'

Presidential spokesperson Khusela Diko has said that President Cyril Ramaphosa is worried about the implications for the country's "economic recovery and stability" but would make a decision "soon" over whether Finance Minister Nhlanhla Nene would be dismissed from his position or not. News24 reported that Nene allegedly asked Ramaphosa to relieve him of his duties.

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Left: President Ramaphosa. Right: Finance Minister Nene.

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