Pravin Gordhan: It's up to President Zuma whether I remain in office

The finance minister says Cabinet appointments are at the behest of President Jacob Zuma.

Minister of Finance, Pravin Gordhan. Picture: GCIS.

CAPE TOWN - Finance Minister Pravin Gordhan, who is facing an investigation by police that the opposition has called a "witch-hunt", said on Thursday that whether he remained in office was up to President Jacob Zuma.

Gordhan, who was responding to a question at an event in Cape Town on his tenure as finance minister, said that Cabinet appointments were at the behest of Zuma.

"If required to deliver the budget in February I will be willing to do that," he said referring the country's annual budget speech delivered by the finance minister.

Police are investigating Gordhan over the activities of a surveillance unit set up years ago when he headed the tax service, a probe that has rocked markets and raised concerns over a possible sovereign credit downgrade this year.

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At the same time, Gordhan says enough is being done to grow the economy above zero percent.

He also stated he is receiving good legal advice, but at the same time questioned why is being investigated by the Hawks.

He believes the country's economy will stabilise and even grow above zero percent this financial year.

The finance minister says there is definite hope for the country, despite the current hostile political environment.

"There is a future for our country and it will be here for the next few hundred years."

When asked about in-fighting within the African National Congress, Gordhan said all families fight, but that there is a definite need for change in the ruling party.

Additional reporting by Reuters.