A South Africa’s government statement trending online has revealed that President Jacob Zuma has ordered Finance Minister, Pravin Gordhan, to return home from a foreign trip where he was trying to drum up investment for the country.

Ceoafrica learnt that Mr Gordhan did not get permission for the trip.

There are concerns that the recall could foreshadow a cabinet reshuffle in which Mr Gordhan is sacked.

This sentiment has led to a rapid plunge in the value of the currency, the rand, in the morning.