Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Hissène Habré is sentenced to life in prison

Read more

MEDIAWATCH

"The best way to afford a suit is to get a job"

Read more

FOCUS

Victims speak out about alleged abuse by French priests

Read more

THE DEBATE

Falluja: Make or break, Iraq offensive led by Shiite militias (part 1)

Read more

THE DEBATE

Falluja: Make or break, Iraq offensive part of campaign on three fronts (part 2)

Read more

ENCORE!

Music Show: Emily Loizeau, Paul Simon, James Blake

Read more

#TECH 24

The rise of antibiotic resistant superbugs

Read more

THE INTERVIEW

James Galbraith on Greece's debt crisis: ‘A default is inevitable’

Read more

TALKING EUROPE

The European Union: United in right-wing nationalism?

Read more

Africa

Zuma picks Gordhan as new finance minister

Latest update : 2009-05-10

Newly sworn-in President Jacob Zuma (pictured) has named the head of South Africa's tax agency, Pravin Gordhan, to serve as the country's new finance minister. Zuma's new cabinet will be sworn in on Monday.

AFP - South Africa's long-serving finance minister Trevor Manuel will leave his post to head a new National Planning Commission within cabinet, President Jacob Zuma announced Sunday.
   

Manuel will become a minister in the presidency charged with the planning commission, while the respected head of South Africa's tax agency Pravin Gordhan will take over the finance post, Zuma told a press conference.
   
"The National Planning Commission will be responsible for strategic planning for the country to ensure one national plan to which all spheres of government would adhere," Zuma said.
   
"This would enable us to take a more comprehensive view of socio-economic development in the country."
   
Manuel is credited with steering South Africa's banks safely through the global finanical crisis. The charismatic finance minister also oversaw the country's first budget surplus in 30 years.
   
South Africa's new cabinet is set to be sworn in on Monday, two days after Zuma took office on the heels of the African National Congress's victory in parliamentary elections two weeks ago.
   
 

Date created : 2009-05-10

COMMENT(S)