Tito Mboweni is no longer SA's finance minister, and will be replaced by Enoch Godongwana.
President Cyril Ramaphosa confirmed on Thursday night he had accepted a “long-standing request” from Mboweni to be removed from his post.
Ramaphosa said that Godongwana would take over from Mboweni.
“I am grateful to Mr Mboweni for responding to the call I made to him to serve our nation. Today, I have acceded to his request to leave, and we wish him well in his endeavours — and I am sure he will continue to excel and also be available for certain tasks that he may be given from time to time,” Ramaphosa said.
This is a developing story.
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