WATCH | Markets react to new Finance Minister

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Enoch Godongwana will replace Tito Mboweni as Finance Minister

Godongwana comes in at a time when the country is desperate to grow its limping economy, curb debt levels and create jobs.

President Cyril Ramaphosa accepted a long-standing request by Minister Tito Mboweni to be excused from his position as Minister of Finance.Ramaphosa announced new ministerial positions and a restructured national executive on Thursday.

 

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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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