Consumers are spending more and investors are showing greater confidence in the South African economy under the new president. However, question marks remain over the direction of reform.
President Cyril Ramaphosa’s moves toward economic reform have aroused optimism in the business community, but he faces strong challenges from both inside and outside the ANC.
The freshly reappointed South African finance minister talks to African Business about pursuing the tough but essential reforms that South Africa so desperately needs.
South African president Cyril Ramaphosa has conducted his first major cabinet reshuffle.