Nene Favored as South Africa Finance Minister, Sources Say

Updated on
  • David Mabuza is said to probably be named as deputy president
  • Lindiwe Sisulu likely to be foreign minister, people say

Nhlanhla Nene

Photographer: Dean Hutton/Bloomberg

Nhlanhla Nene, who was fired by Jacob Zuma as South Africa’s finance minister in 2015, is favored by President Cyril Ramaphosa to be reappointed to the post, while David Mabuza will probably be named deputy president, two people familiar with the matter said.

Ramaphosa, who replaced Zuma as president this month, is due to announce a cabinet reshuffle at about 10 p.m. in Pretoria, the capital.

Current Finance Minister Malusi Gigaba is likely to be returned to his former post of minister of home affairs, and Lindiwe Sisulu will probably get the post of foreign minister, one of the people said. Zweli Mkhize, former ANC treasurer-general, is favored for the post of Minister of Co-operative Governance and Traditional Affairs.

— With assistance by Amogelang Mbatha

(Adds potential post for Zweli Mkhize in last paragraph.)
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