Open

Coming up

Don't miss

Replay


LATEST SHOWS

ENCORE!

Kristen Stewart and Juliette Binoche star in 'Clouds of Sils Maria'

Read more

WEB NEWS

India: journalist launches "Rice Bucket Challenge"

Read more

FOCUS

Video: Milan is starting point for Syrian refugees’ European odyssey

Read more

WEB NEWS

Russian aid convoy: Mission accomplished?

Read more

WEB NEWS

Actor Orlando Jones lauches 'Bullet Bucket Challenge'

Read more

IN THE PAPERS

'Macron Economics'

Read more

BUSINESS DAILY

Macron-economics, the former banker turned minister

Read more

IN THE PAPERS

'The capital of sex, drugs, alcohol, trash and trashy tourism'

Read more

MEDIAWATCH

French government crisis: 'Krankreich' not Frankreich

Read more

  • UN probe accuses Syrian regime, militants of ‘crimes against humanity’

    Read more

  • France’s Hollande puts young ex-banker in top economy post

    Read more

  • Video: Iraq’s Yazidis flee to spiritual capital of Lalish

    Read more

  • Video: Milan is starting point for Syrian refugees’ European odyssey

    Read more

  • Liberia sacks ministers who left amid Ebola outbreak

    Read more

  • Airstrikes and Assad - Obama’s military conundrum in Syria

    Read more

  • IMF’s Lagarde investigated in French corruption case

    Read more

  • American journalist held captive in Syria arrives in US

    Read more

  • In pictures: The ministers in France's new government

    Read more

  • 'Lasting' ceasefire agreed for Gaza, Abbas says

    Read more

  • Far-right ‘Russian Jihad’ fighters cross into Ukraine

    Read more

  • American 'Islamic State fighter' killed in Syria

    Read more

  • The ‘war’ at the heart of France’s ruling party

    Read more

  • Rebels 'shoot down' UN helicopter in South Sudan

    Read more

  • Air France pilots threaten September strike

    Read more

  • WHO seeks stricter regulation for e-cigarettes

    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)