South Africa is awaiting an "imminent and urgent" announcement on the fate of its finance minister over his meetings with the controversial Gupta family

South African President Cyril Ramaphosa is expected to announce a cabinet reshuffle at 16:30 local (14:30 GMT), according to presidential spokesperson Khusela Diko.

Finance Minister Nhlanhla Nene apologised last Friday for not being truthful about his meetings with the Gupta family.

Speaking the State Capture Commission of Inquiry he said: “I am human too, I do make mistakes... However, it is reasonable of the public to expect public office bearers to own up fully and timeously to the mistakes they make... I should also have disclosed early, and fully, the details of these meetings."

The Guptas have denied any wrongdoing following allegations that they used their close friendship with former President Jacob Zuma to obtain government contracts.