Statement by President Jacob Zuma on the appointment of new Finance Minister
09 December 2015
I would like to announce changes to the Finance portfolio in Cabinet.
I have decided to remove Mr Nhlanhla Nene as Minister of Finance, ahead of his deployment to another strategic position.
Mr Nene has done well since his appointment as Minister of Finance during a difficult economic climate.
Mr Nene enjoys a lot of respect in the sector locally and abroad, having also served as a Deputy Minister of Finance previously.