— Mojalefa Nthangwe (@MJ264916) October 17, 2017
Former State Security, Minister David Mahlobo has been given the Energy portfolio -- replacing Mmamaloko Kubayi, who is now in charge of Communications.
Blade Nzimande, the now former Higher Education and Training Minister has been sacked and replaced by Professor Hlengiwe Mkhize. The latter's Home Affairs portfolio will be taken up by Ayanda Dlodlo. Dlodlo's Communications portfolio will be taken over by Kubayi.
Fin24 reported the rand immediately spiked to R13.39 following the announcement. An hour before, the unit had been trading at R13.37 to the US dollar, from an overnight close of R13.31.
#CabinetReshuffle RAND DROPS
GBP: 17.72— Mongi Hoyo Matyholo (@Mongi_Matyholo) October 17, 2017
Zuma thanked the former members of the National Executive for "good service in their previous portfolios" and wished members assuming new portfolios well in their new responsibilities.Suggest a correction