Skip to content
Subscriber Only

Nhlanhla Nene Makes Comeback as South African Finance Chief

  • President Ramaphosa announces sweeping changes to cabinet
  • Pravin Gordhan named as minister in charge of state companies
Updated on

South Africa’s new president, Cyril Ramaphosa, made sweeping changes to the cabinet, bringing Nhlanhla Nene back as finance minister more than two years after his late-night firing rocked the rand.

The reshuffle announced Monday by Ramaphosa in the capital, Pretoria, marked a dramatic comeback for Nene, who was dismissed by former President Jacob Zuma in December 2015. David Mabuza, the deputy leader of the African National Congress, will become deputy president.