Trevor Manuel was appointed to head a powerful new planning body on Sunday, keeping South Africa’s former finance minister at the heart of policymaking in President Jacob Zuma’s first Cabinet.
A day after taking office, Zuma named tax authority chief Pravin Gordhan to replace Manuel in another sign of continuity as Africa’s biggest economy heads toward its first recession in 17 years.
“I think the positions that the financial markets were worried about have been skillfully handled,” independent analyst Nic Borain said.
Manuel had been in the job for 13 years, making him the world’s longest-serving finance minister. Investors approved of the tight monetary and fiscal policies he kept in place.
“Comrade Trevor Manuel has been given a new structure, a very powerful structure that is going to work out a national plan of government,” said Zuma, who expects a positive financial market reaction to Gordhan’s appointment.
The strategic planning commission would “enable us to take a more comprehensive view of socio-economic development in the country,” he said.
As well coping with the fallout from the global financial crisis, Zuma also faces pressure to deliver on 15 years of promises by his ruling African National Congress (ANC) to tackle widespread poverty, crime and AIDS, and create jobs.
Zuma, who campaigned hard on a pro-poor platform promising change and a renewed focus on service delivery warned civil servants that “the era of hard work has begun.”
The ANC won an election landslide on April 22, keeping the dominance it has enjoyed since the end of apartheid in 1994. Zuma made his way to the presidency despite facing trials for rape and corruption. All the charges were dropped.
His toughest task may be balancing the interests of unions and communists who helped him rise to the top against those of investors who fear he will steer the economy to the left. Some of the more vocal left-wingers found places in the Cabinet, but not holding key economic portfolios.
South African Communist Party General-Secretary Blade Nzimande was named minister of higher education and training.
“He certainly put his own staff on the Cabinet, which I think is a good thing,” said Nel Marais, acting managing director at Executive Research Associates.
“There are quite a few strong new faces in the Cabinet that played a significant role in Zuma’s political fight for survival in the past few months,” Marais said.
Zuma also reached out to Afrikaners, many of whom feel excluded 15 years after the end of white minority rule. He named a deputy agriculture minister from the Freedom Front, which explicitly aims to protect Afrikaner interests.
Opposition Democratic Alliance leader Helen Zille criticized the appointments.
“With few exceptions, President Jacob Zuma’s new Cabinet is bad news for South Africa,” she said.
Top businessman Tokyo Sexwale, who returned to politics two years ago, became minister of human settlements.
However, Zuma left out Winnie Madikizela-Mandela, who is back in parliament after a fraud conviction. The ex-wife of former president Nelson Mandela had been tipped for a Cabinet post despite being seen by many as a divisive figure.
Possibly in a sign of tougher measures against violent crime before next year’s soccer World Cup finals in South Africa, Zuma created a new ministry specifically for the police.
Zuma also named his predecessor Kgalema Motlanthe as his deputy. Motlanthe had served in a caretaker role since former president Thabo Mbeki, was forced from office last September by the ANC.
A colossal explosion in the sky, unleashing energy hundreds of times greater than the Hiroshima bomb. A blinding flash nearly as bright as the sun. Shockwaves powerful enough to flatten everything for miles. It might sound apocalyptic, but a newly detected asteroid nearly the size of a football field now has a greater than 1 percent chance of colliding with Earth in about eight years. Such an impact has the potential for city-level devastation, depending on where it strikes. Scientists are not panicking yet, but they are watching closely. “At this point, it’s: ‘Let’s pay a lot of attention, let’s
UNDAUNTED: Panama would not renew an agreement to participate in Beijing’s Belt and Road project, its president said, proposing technical-level talks with the US US Secretary of State Marco Rubio on Sunday threatened action against Panama without immediate changes to reduce Chinese influence on the canal, but the country’s leader insisted he was not afraid of a US invasion and offered talks. On his first trip overseas as the top US diplomat, Rubio took a guided tour of the canal, accompanied by its Panamanian administrator as a South Korean-affiliated oil tanker and Marshall Islands-flagged cargo ship passed through the vital link between the Atlantic and Pacific oceans. However, Rubio was said to have had a firmer message in private, telling Panama that US President Donald Trump
CHEER ON: Students were greeted by citizens who honked their car horns or offered them food and drinks, while taxi drivers said they would give marchers a lift home Hundreds of students protesting graft they blame for 15 deaths in a building collapse on Friday marched through Serbia to the northern city of Novi Sad, where they plan to block three Danube River bridges this weekend. They received a hero’s welcome from fellow students and thousands of local residents in Novi Said after arriving on foot in their two-day, 80km journey from Belgrade. A small red carpet was placed on one of the bridges across the Danube that the students crossed as they entered the city. The bridge blockade planned for yesterday is to mark three months since a huge concrete construction
DIVERSIFY: While Japan already has plentiful access to LNG, a pipeline from Alaska would help it move away from riskier sources such as Russia and the Middle East Japan is considering offering support for a US$44 billion gas pipeline in Alaska as it seeks to court US President Donald Trump and forestall potential trade friction, three officials familiar with the matter said. Officials in Tokyo said Trump might raise the project, which he has said is key for US prosperity and security, when he meets Japanese Prime Minister Shigeru Ishiba for the first time in Washington as soon as next week, the sources said. Japan has doubts about the viability of the proposed 1,287km pipeline — intended to link fields in Alaska’s north to a port in the south, where