President Zuma defends Cabinet reshuffle
President Jacob Zuma says he has full confidence in new Finance Minister Malusi Gigaba.
Zuma was speaking at the launch of Transnet's first locally engineered and manufactured train in Pretoria on Tuesday.
While he congratulated Transnet on the new locomotive, he also spoke about his decision to reshuffle the Cabinet, saying he has full confidence in new Finance Minister Malusi Gigaba.
President Zuma received a round of applause as he took to the podium.
Zuma thanked former Finance Minister Pravin Gordhan and his deputy Mcebisi Jonas.
“We thank Gordhan for ensuring a smooth transition. Mr Gordhan officially handed over to Gigaba on Tuesday morning.”
However, he says it was time for change.
“If we do not enable our young MPs to gain experience now, we may battle in future with leadership and government experience.”
Zuma says Gigaba will soon be going on an investor roadshow abroad.
(Edited by Zamangwane Shange)