South Africa's Zuma says has confidence in finance minister, can't intervene in probe

South African President Jacob Zuma listens at a news conference in Cape Town, in this September 10, 2009 file photo. REUTERS/Mike Hutchings/Files

JOHANNESBURG (Reuters) - South African President Jacob Zuma said on Thursday he has full confidence in Finance Minister Pravin Gordhan, who is under police investigation over a suspected spy unit at the tax service. Zuma said he could not intervene in the investigations despite the negative impact the probe has caused on the economy, according to a statement released by the presidency. The rand, which had tumbled since Tuesday in response to the investigation, extended gains to 1.3 percent after Zuma's statement. (Reporting by James Macharia; editing by John Stonestreet)