CABINET RESHUFFLE: The ‘Duke of Magoebaskloof’ steps down, paving the way for Enoch Godongwana to become finance minister

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 84%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Godongwana is currently the board chair of the Development Bank of Southern Africa, a state-owned development finance institution, and was previously the deputy minister of public enterprises.

Ramaphosa said he had accepted a “long-standing request” by Mboweni “to be excused from his position as minister of finance”.

Mboweni is widely regarded as a trusted hand by the investment community and a voice of reason when it comes to fiscal prudence. He has resisted calls for billions of rands to be thrown to unproductive state-owned entities and to compensate 1.3 million public servants with inflation-busting salary increases.

Ramaphosa and Mantashe have been on opposite sides when it comes to reforms in the energy sector. In June, when load shedding intensified to Stage 3 and posed more threats to the battered economy, Ramaphosa twisted Mantashe’s arm to lift the

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

TITO 'S A WALK IN THE PARK I PREDICT

THIS IS TROUBLE

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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 🙆‍♀️
Källa: City_Press - 🏆 7. / 72 Läs mer »

Tito Mboweni is no longer finance minister as Ramaphosa lets him leaveTito Mboweni is no longer SA's finance minister, and will be replaced by Enoch Godongwana. Good riddance Asbonge💃💃💃 now he can focus on his rotten tomatoes and cucumbers 😏 How is the Rand doing
Källa: TimesLIVE - 🏆 28. / 59 Läs mer »

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
Källa: TheCitizen_News - 🏆 6. / 75 Läs mer »