South African President Cyril Ramaphosa has unveiled a new cabinet, featuring opposition politicians in key roles, while retaining Enoch Godongwana as Finance Minister.
Gatekeepers News reports that the announcement follows a week of negotiations with nine opposition parties, which agreed to support Ramaphosa’s reappointment in exchange for ministerial posts.
The new government faces significant challenges, including state inefficiency, power shortages, and economic stagnation. However, the inclusion of business-friendly parties has boosted market expectations, with the rand strengthening and the Johannesburg equity index surging.
In a televised address, Ramaphosa emphasised the historic nature of the government of national unity, stating, “The incoming government will prioritize inclusive and sustainable economic growth, tackling poverty, inequality, and unemployment.”
Key appointments include John Steenhuisen (Democratic Alliance) as Agriculture Minister, Velenkosini Hlabisa (Inkatha Freedom Party) as Cooperative Governance Minister, Paul Mashatile as deputy President, Kgosiensho Ramokgopa as Energy and Electricity Minister, and Gwede Mantashe as Mineral Resources Minister.
