South Africa’s Kganyago Welcomes Finance Minister Reappointment

-- South African central bank Governor Lesetja Kganyago welcomed the reappointment of Finance Minister Enoch Godongwana in the new coalition cabinet unveiled by the president this week.

The South African Reserve Bank has kept interest rates at 8.25% at each of its three monetary policy committee meetings so far this year amid uncertainty before the elections, which opinion polls showed being tightly contested. Justice Clarence Thomas used the Supreme Court’s ruling on presidential immunity on Monday to again request that the constitutionality of special prosecutors, like Jack Smith, be called into question. In his opinion, Thomas asked the lower courts to render a ruling on Smith and the legality of the special prosecutor’s office before they proceed with Donald Trump’s pair of federal criminal cases that Smith’s team is prosecuting. No other justice signed onto Thomas’ opinion.

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