President Cyril Ramaphosa announced ten ministerial appointments and eleven deputy ministers on Thursday, August 5. Picture: Supplied / GCIS
“From the investor point of view, it’s always concerning when we have changes in the finance portfolio given SA’s recent history. But in this case, there is an element of continuity from the policy perspective. It seems that SA will continue on the path of fiscal sustainability,” said Rowan Williams, director at Nitrogen Fund Managers.
The total cost of damage runs into R20bn, according to the preliminary estimates and had dented SA’s image to potential investors.
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Some of us should only panic about people savings lost at VBS but not pension funds of workers 🤔 CabinetResuffle
Was Enoch with the Hat the guy that was advocating for prescribed assets to include SOE’s?
😅😂🤣 with corrupt individuals
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Ramaphosa scraps state security, announces new finance minister and fires Mapisa-NqakulaThe much-anticipated announcement of changes to President Cyril Ramaphosa's cabinet comes amid news that Dr Zweli Mkhize resigned. So sorry to say goodbye to Tito Mboweni He didn’t reshuffle shit. 1 thief resigned, the other called it quits. The cadres that could hurt his re-election are still in position! Nobody in life gets exactly what they thought they were going to get but with your help, many had been able to achieve their dreams and I am included. Thank you so much Albert_Kason
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Cabinet reshuffle: Godongwana to replace Mboweni as finance minister | CitypressPresident Cyril Ramaphosa last night reshuffled his Cabinet, replacing current Finance Minister Tito Mboweni with Enoch Godongwana, a former deputy minister of public enterprises. This is likely to not end well. Bad news for the fight against corruption, at least lucky star's shenanigans were not yet in the public domain unlike this one. Yahamba imali 🙆♀️
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