Ramaphosa foot on the pedal to clean up corruption - Melanie Verwoerd

The relief among investors was clear to see as they assessed President Cyril Ramaphosa’s South African cabinet line-up. The slimmed down executive were given the thumbs-up and the retention of the crucial Finance Ministry post to Tito Mboweni, while allowing Pravin Gordhan as Public Enterprises Minister to continue the clean-up of the state owned enterprises calmed the markets. The Rand advanced immediately after the read out of the names and continued its upwards move gaining another 0.4% around midday after the announcement. Political analyst Melanie Verwoerd delves a little deeper into the Cabinet to assess what it means and whether Ramaphosa is accelerating the clean-up of state capture. - Linda van Tilburg Learn more about your ad choices. Visit megaphone.fm/adchoices