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Burundi gained independence from Belgium in 1962.
Gordhan was Finance Minister of the country from 2009-2014.
The rand currency tumbled to record worst levels.
Finance Minister Nene singled out electricity shortages - partly blamed on mismanagement at Eskom - as a "binding constraint" on GDP growth, forecast at an anaemic 2% this year.
Zuma said on Wednesday that relations between the two nations were at their "best ever".
Beijing’s ties with Pretoria have flourished in the past decade with massive Chinese investment across the country and the African continent.
Treasury estimates that the lack of electricity supply reduces GDP growth by some 1 percentage point.
The IBSA Fund aids projects in least developed countries.
Major cities recorded their hottest day ever on Tuesday as a drought caused by the El Nino weather phenomenon drains water supplies.
The report could not have come at a worse time for President Jacob Zuma who is dealing with nationwide protests.