Don't miss

Replay


LATEST SHOWS

REPORTERS

The booming business of cannabis in Spain

Read more

EYE ON AFRICA

Tanzanian President dismisses almost 10,000 public servants over forged college certificates

Read more

MEDIAWATCH

French Election: Abstention, Anger & Apathy

Read more

THE WORLD THIS WEEK

Macron vs. Le Pen: France's bitter presidential run-off race (part 1)

Read more

THE WORLD THIS WEEK

Trump's First 100 Days, The Pope in Egypt (part 2)

Read more

FOCUS

Egypt's Coptic Christians targeted by Islamic State group

Read more

THE CAMPAIGN BEAT

France's wartime past takes centre stage in presidential campaign

Read more

#TECH 24

How one NGO is using 3D printers to improve disaster relief

Read more

REVISITED

What remains of Nicaragua’s revolution?

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)