Fixing the economy requires a redesigned cabinet, says Cyril Ramaphosa

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This will indicate the power Ramaphosa holds in the ANC as investors watch to see if he has the political will to replace Zuma-era appointees

President Cyril Ramaphosa says the first task in kick-starting SA's economy is to reconfigure the cabinet.

This move will be an indication of the kind of power Ramaphosa holds in the party as investors watch to see whether he has the political will to replace Zuma-era appointees. This comes a day after data from Statistics SA showed that the unemployment rate rose to a near 15-year high in the first quarter of 2019.

 

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