“In making these changes, I have been conscious of the need to balance continuity and stability with the need for renewal, economic recovery and accelerated transformation,” Ramaphosa said in a statement Monday night.
Nonetheless, the faction of the ANC supporting Zuma also has representation in Ramaphosa’s cabinet. David Mabuza, deputy president of the ANC and a known ally of Zuma, was appointed as South Africa’s deputy president.
Nkosazana Dlamini-Zuma, Zuma’s ex-wife, who challenged Ramaphosa to the ANC leadership in December, was given the role of minister in the presidency of planning and monitoring. Dlamini-Zuma was Zuma’s choice for the ANC leadership.
Markets responded positively to Ramaphosa’s reshuffle, with the Johannesburg Top 40 Index trading 0.73 percent higher on the news during mid-morning trade.
“The reshuffle is the first stage of a big clean-out,” van Staden wrote, describing the changes as “the largest single purge of an ineffective and significantly corrupt cabinet in post-democratic history.”