South Africa’s New President Reappoints Ex-Finance Ministers

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South Africa’s new president announced a Cabinet shuffle late Monday that replaces the finance minister and puts a former finance minister in charge of the country’s troubled state-owned companies.

President Cyril Ramaphosa, who was sworn in this month after former South African leader Jacob Zuma resigned in the face of multiple corruption allegations, signaled his intent to clean up the graft that has weakened one of Africa’s top economies by appointing two widely respected former finance ministers.

One of them, Nhlanhla Nene, will return to that post after being replaced by Zuma in late 2015. And Pravin Gordhan, whose firing by Zuma last year sent South Africa’s economy briefly into recession, will rejoin the Cabinet as public enterprises minister.

The finance minister who replaced Gordhan, Malusi Gigaba, has been criticized for his ties to the Gupta business family that is accused of using its association with Zuma to manipulate state companies for its own financial benefit. Ramaphosa moved Gigaba back to the home affairs ministry.

Ramaphosa said David Mabuza will become deputy president after he is sworn in Tuesday as a member of parliament.

Last week, Ramaphosa said his Cabinet would shrink after a months-long review and that his government would conduct “lifestyle audits” on government officials, starting with his office.

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