Our host Mudiwa Gavaza is joined by Chris Hattingh, deputy director at the Free Market Foundation, an economic research and policy think-tank.
After a week of speculation around possible changes to some portfolios, President Cyril Ramaphosa made sweeping changes to cabinet and the national executive, including the replacement of finance minister Tito Mboweni with ANC economic head Enoch Godongwana.
Hattingh says Ramaphosa looks firmer and more confident in his presidency as he took political control of the intelligence portfolio into his own office, scrapping the ministry of state security. Former deputy minister of intelligence Zizi Kodwa, a trusted Ramaphosa ally, will be responsible for intelligence.The reshuffle is Ramaphosa’s first since coming into office in 2019 and follows two weeks of violence and looting which shook the country and rattled investors.
He also noted changes made to the tourism, communications and energy portfolios as those to watch, given their contribution to SA’s GDP.new government appointments made in the recent reshuffle by Ramaphosa;what impact the reshuffle will have on SA’s investment case, given domestic pressure to grow and international concerns about the safety of capital locally;Engage on Twitter at #BDSpotlight
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JSE pushes higher as focus turns to US payrolls reportStocks that make most of their income from SA were broadly higher, giving President Cyril Ramaphosa’s decision to reshuffle his cabinet a stamp of approval
Read more »
Ramaphosa to announce 'changes to the national executive' at 8.30pmPresident Cyril Ramaphosa is expected to announce a cabinet reshuffle on Thursday.
Read more »
Ramaphosa shows his hand as cabinet changes consolidate his powerPresident Cyril Ramaphosa has used his first cabinet reshuffle to consolidate power in his office.
Read more »
Who's in: Ramaphosa overhauls his Cabinet - the new ministers & positionsPresident Cyril Ramaphosa reshuffled his Cabinet after scandals in his last executive.
Read more »
ANC welcomes Cabinet changes, but IFP calls for fresh bloodThe Cabinet reshuffle was not only about accountability, but to fill vacancies that have been in place for months, the ANC has said. ANC cabinetreshuffle cyrilramaphosa
Read more »
Sasria claims deadline looms: Unpacking insurance claims post the riots | CitypressTime is ticking for business owners to submit their claims for damage caused by the recent civil unrest – or they will miss out.
Read more »