February 27, 2018 8:20 AM

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South Africa's Ramaphosa appoints Nene as finance minister in cabinet reshuffle

<div dir="ltr">''<div><span style="font-size: 10pt;">New South African President Cyril Ramaphosa has announced his cabinet, making substantial changes to ministerial positions. He reappointed Nhlanhla Nene as finance minister, reversing his sacking by the former President Jacob Zuma.</span></div>''<div><br />''</div>''<div>Mr Zuma, who is facing charges of corruption, was forced to stand down earlier this month by his own party.&nbsp; Mr Ramaphosa took over, promising a &quot;new dawn&quot; for the country and pledging to be tough on corruption.</div>''<div></div>''<div>He kept several ministers appointed by his predecessor, but other former allies of the former president were demoted or lost their jobs. David Mabuzza, the deputy president of the African National Congress (ANC) ruling party, was named Deputy President of South Africa.&nbsp;&nbsp;</div>''<div><br />''</div>''<div>Mr Zuma's ex-wife Nkosazana Dlamini-Zuma, who Mr Ramaphosa beat in December's ANC leadership election, was appointed Minister to the Presidency.</div>''<div class="yj6qo"></div>''<div class="adL"></div></div>

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