BUSINESS MAVERICK: Ramaphosa’s Cabinet: Key finance posts largely stay with the incumbents, but is that what the country needs?

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BUSINESS MAVERICK: Ramaphosa’s Cabinet: Key finance posts largely stay with the incumbents, but is that what the country needs? By Tim Cohen tim_cohen

Finance Minister Tito Mboweni has tweeted several times over the past few days about cooking. His most recent effort was a beef stew, and Mboweni noted that “Cooking needs time. It’s like drawing up the National Budget. Time and patience!!”.

But as far as the economic portfolios are concerned, his primary criteria seemed to be staying the course. Despite his ongoing dispute with the Public Protector, Pravin Gordhan remains Public Enterprises Minister. Despite his ongoing disputes with the mining industry, Gwede Mantashe remains Minister of Mineral Affairs, with Energy now added. Despite his ongoing disputes with… well, nearly everybody, Finance Minister Tito Mboweni remains.

Taken as a whole, the Cabinet does reflect Ramaphosa’s instinct for high-calibre people, with some concessions to the political realities of life.

 

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I'm starting to wonder if anyone knows what the country needs. It's like everything from government to SOE are just picking ideas from a hat to see what works.

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