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Pravin Gordhan

South African public enterprises minister to retire after elections

South African public enterprises minister to retire after elections
Pravin Gordhan, South Africa's minister for public enterprises, during an interview in Johannesburg, South Africa, on Tuesday, July 12, 2022. Photographer: Guillem Sartorio/Bloomberg via Getty Images

CAPE TOWN, March 8 (Reuters) - South Africa's Minister of Public Enterprises, Pravin Gordhan, will retire after this year's general elections on May 29, he told Reuters on Friday.

Gordhan oversees state entities including struggling power utility Eskom and logistics firm Transnet, whose poor performances have dragged down economic growth in Africa’s most industrialised economy.

An anti-apartheid veteran, he has been in politics since the beginning of South Africa’s democracy and previously served as finance minister.

(Reporting by Wendell Roelf; Writing by Nellie Peyton; Editing by Christian Schmollinger and Mark Potter)

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