Business leaders urge Zuma to deal with Treasury ructions

South African business leaders have urged President Jacob Zuma to urgently deal with a public spat between Finance Minister Pravin Gordhan and the revenue service chief which has sapped investor confidence and hammered the rand currency.

"We would appreciate if the president as a matter of urgency addresses this situation," Cas Coovadia, spokesman for a group of chief executives who have been interacting recently with Zuma and Gordhan on ways to grow the economy, told Reuters.