South Africa's Van Rooyen Says `Colossal' Task Awaits Him

  • Finance minister to focus on improving investment conditions
  • Van Rooyen didn't mention fiscal deficit targets in speech

South Africa's New Finance Minister David Van Rooyen speaks during his swearing in ceremony at the Union Buildings in Pretoria, on Thursday, Dec. 10, 2015. Photographer: Waldo Swiegers/Bloomberg

South Africa’s new finance minister sought to allay investors’ fears on Thursday and said he was aware of the difficult task that awaits him.

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